🇰🇷Korean Source WordCode: KO

주식회사

Pronunciation / Transliteration: jusikhoesa

🇬🇧 Direct English Meaning:
Public corporation/ˈpʌb.lɪk ˌkɔːr.pəˈreɪ.ʃən/
nounCEFR C1 (Advanced)Top #8500 frequency
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🇰🇷 Example Sentence in Korean:

"그 회사는 성공적으로 주식회사로 전환되었습니다."

Comprehensive Definitions & Senses

2 senses
As noun
  1. 1

    A company whose shares are traded freely on a stock exchange and are held by the general public.

    "The tech giant became a public corporation after its highly anticipated initial public offering."
  2. 2

    A state-owned enterprise established by a government to provide a public service or operate in a specific industry.

    "The national broadcaster operates as a public corporation funded primarily through license fees and government grants."

Thesaurus & Semantic Spectrum

Linguistic Origin & Historical Etymology

The term combines 'public' derived from the Latin 'publicus' (pertaining to the people) and 'corporation' from the Latin 'corporatio' (body of people). Historically evolving in the 20th century, it came to designate business enterprises owned wholly or partly by the state, as well as companies whose stock is widely held by the general public.

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