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Longman Dictionary of Contemporary English
public corporation
noun
EXAMPLES FROM CORPUS
▪ A public corporation managing a monopoly might do so in a sectional interest.
▪ Co. surmounted a similar set of challenges when it moved from a partnership to a public corporation.
▪ It was only towards the end of the colonial period that the notion of a public corporation was raised.
Wikipedia
Public corporation

Public corporation may refer to:

  • Government-owned corporation
  • Public company, i.e. a limited liability company that offers its securities for sale to the general public.
  • Statutory corporation, i.e. a corporation created by statute, that is owned in part or in whole by a government (examples being are municipal councils, bar councils, universities).

Usage examples of "public corporation".

If we convert to a public corporation, with say two hundred thousand shares, we’.

If we convert to a public corporation, with say two hundred thousand shares, we'd take a hundred thousand of them to represent present ownership, and then gradually sell off some of the other hundred thousand as needed.

How would I go about finding out if a company is a partnership or a public corporation?

Inter-gang warfare must cease, and to achieve this, the gang leaders must keep in close contact, like the board of a public corporation.

It will be run as the same sort of public corporation as the linear rail system and the water system.