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Definition of public corporation noun from the Oxford Advanced Learner's Dictionary

public corporation

noun
 
/ˌpʌblɪk kɔːpəˈreɪʃn/
 
/ˌpʌblɪk kɔːrpəˈreɪʃn/
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  1. (North American English)
    (British English public company, public limited company)
    a company that sells shares in itself to the public
  2. (British English) an organization that is owned by the government and that provides a national service
See public corporation in the Oxford Advanced American Dictionary

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