| 单词 | public corporation |
| 释义 | public corporation A state-owned organization that provides a national service (such as the British Broadcasting Corporation) or runs a nationalized industry. The chairman and members of the board of a public corporation are usually appointed by the appropriate government minister, who retains overall control and accountability to parliament. The public corporation attempts to reconcile public accountability for the use of public finance, freedom of commercial operation on a day-to-day basis, and maximum benefits for the community. |
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