This type of company exists when the general public owns the company's stock. In these situations the stock can be traded openly but can only occur if the company has been put together as a corporation. Companies that are publicly held have to adhere to regulations set forth by and report to the Securities and Exchange Commission.

Previous Terms: 1031 Exchange, 1035 Exchange, AARP, Abeyance, Abstraction Principle, Accelerated Amortization, Acceptance Credit, Acceptance of a Bill of Exchange, Accommodation Bill, Accommodation Endorser