Property owned by government and used by the general public, e.g. public parks. Property that is owned by a government or a community, property owned by the government or an agency or division for the benefit of the citizens. … [Read more...]
PUBLIC CORPORATION
An incorporated company whose shares of stock are sold in the open market on a major stock exchange. … [Read more...]
PUBLIC RECORDS
Information which governmental entities are required to keep and which, by law, must be made accessible to the general public. … [Read more...]
PUBLIC DEBT
That which is due or owing by the government. 2. The constitution of the United States provides, art. 6, s. 1, that all debts contracted or engagements entered into, before the adoption of this constitution, shall be as valid against the United States under this constitution, as under the confederation. It has invariably been the policy since the Revolution, to do justice to … [Read more...]
PUBLIC SECTOR
That part or section of the economy which is controlled by government and not private citizens and entities who are earning a profit. … [Read more...]