🇰🇷Korean Source WordCode: KO

주식회사

Pronunciation / Transliteration: jusikhoesa

🇬🇧 Direct English Meaning:
Public Corporation/ˈpʌb.lɪk ˌkɔːr.pəˈreɪ.ʃən/
nounCEFR B2 (Upper)Top #2800 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."

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Linguistic Origin & Historical Etymology

Derived from the Latin 'publicus' (pertaining to the people) combined with 'corporatio' (a body united into one body politic), entering Middle English via Old French. Over centuries, the term evolved to specifically designate state-owned enterprises established by law to carry out public functions or commercial activities on behalf of the government.

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