A publicly-traded company is a company that has permission to offer its registered securities (stock, bonds, etc.) for sale to the general public, typically through a stock exchange, or occasionally a company whose stock is traded over the counter (OTC) via market makers who use non-exchange quotation services.
Advantages of a publicly traded company
It is able to raise funds and capital through the sale of its securities. This is the reason why public corporations are so important: prior to th...
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