🇪🇸Spanish Source WordCode: ES

sociedad anónima

Pronunciation / Transliteration: so-sje-dad a-ˈno-ni-ma

🇬🇧 Direct English Meaning:
Public corporation/ˈpʌb.lɪk ˌkɔːr.pəˈreɪ.ʃən/
nounCEFR C1 (Advanced)Top #4500 frequency
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🇪🇸 Example Sentence in Spanish:

"La aerolínea nacional opera ahora como una sociedad anónima."

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 or union of persons), entering Middle English via Old French during the late medieval period. Over centuries, the term evolved to specifically designate state-owned enterprises or incorporated entities established by law for public welfare and governance.

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