@Mark_Harbinger @lippyduck You’re flat-out wrong if you think “public” only means government-owned.
In the corporate world, a public company is a company listed on a stock exchange, with shares that anyone can buy and sell. That’s why Apple, Microsoft, and Toyota are all called public companies—they’re subject to SEC filings, shareholder votes, and disclosure rules precisely because they’re open to public investment.
Meanwhile, in the government sector, public refers to state-owned institutions like schools, hospitals, and broadcasters.
And outside those spheres, the word just means open and accessible: public parks, public events, public records.
Your definition fits in one narrow lane, but it collapses everywhere else. Language depends on context, and in finance, “public company” is the industry-standard term worldwide.
Pretending otherwise is like insisting “bank” only ever means the side of a river—technically possible, but absurd in practice.