Glossary entry

German term or phrase:

Publikumsgesellschaft

English translation:

Public corporation (US)

Added to glossary by Roddy Tannahill
Jul 22, 2002 19:37
22 yrs ago
2 viewers *
German term

Publikumsgesellschaft

German to English Bus/Financial Companies
A type of company. Is it simply a public limited company? (US equivalent, please). I hate these things.... ta :)
Proposed translations (English)
4 +1 public corporation
5 public company/corporation / enterprise

Proposed translations

+1
7 mins
Selected

public corporation

So says Schäfer

Publikumsgesellschaft f
(com) public corporation
– publicly held corporation
– (GB) public company
(opp, Familien-AG)

And some examples from US sites:
A "public corporation" for this purpose includes: (a) municipal corporations (i.e., town, village, county, city or school district); (b) district corporations; and (c) those public benefit corporations which operate in a territory coterminous with the county or a tax district or districts within the county (Workers' Compensation Law, §60[1]; General Construction Law, §66[1]). A public benefit corporation is a "corporation organized to construct or operate a public improvement wholly or partly within the state, the profits from which inure to the benefit of this or other states, or to the people thereof" (General Construction Law, §66[4]). www.osc.state.ny.us/legal/1997/legalop/op97-1a.htm

"Bonds" or "other evidences of indebtedness" mean any instrument providing
for the payment of money executed by or on behalf of a public corporation ...
www.legis.state.il.us/ilcs/ch30/ch30act310.htm

(7) "Public corporation" means an artificial person, public in ownership, individually created by the state as a body politic and corporate for the administration of a public purpose relating to the state or its citizens.
(8) "Quasi-public corporation" means an artificial person, private in ownership, individually created as a corporation by the state which has accepted from the state the grant of a franchise or contract involving the performance of a public purpose relating to the state or its citizens. www.le.state.ut.us/~code/TITLE63E/htm/63E01003.htm
Peer comment(s):

agree stefana
1 day 1 hr
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4 KudoZ points awarded for this answer. Comment: "Many thanks :) "
7 mins

public company/corporation / enterprise

publicly traded company or open corporation.
I need context for more specificity.
Hamblock/Wessels
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