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public corporation

   Also found in: Legal, Financial, Wikipedia 0.02 sec.
public corporation
n
(Government, Politics & Diplomacy) (in Britain) an organization established to run a nationalized industry or state-owned enterprise. The chairman and board members are appointed by a government minister, and the government has overall control


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The letter offered eight suggestions, but its essence was contained in the first two: 1) The system should organize itself as a public corporation with its own self-perpetuating Board of Regents.
The report is likely to say the charter should not be renewed, but the BBC's assets transferred to a new public corporation modelled on Channel 4.
18 Kyodo The number of former national public servants taking up executive posts at public corporations after retirement came to 6,185 as of Oct.
 
 
 
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