Tooltip Categories: Economics & Finance

public tender

A formal, structured invitation to suppliers for the supply of products or services. In the public sector, such a process may be required and determined

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public treasury

The revenues or funds of a government. Iin various countries the government department in charge of finance. In Britain the Treasury is also responsible for

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public private partnership [PPP]

A public–private partnership (PPP) is a government service or private business venture which is funded and operated through a partnership of government and one or

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punditry

The expressing of expert opinions. (source: http://www.wordreference.com/definition/punditry)

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public deed

Legal instrument in writing, recorded by a notary following the notarisation procedures laid down in the Notarial Code in compliance with all major formal requirements.

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public deficit

The gap between revenues and expenditures for a government (over a given period of time); often referred to as an internal deficit or fiscal deficit.

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public holiday

A day when almost everyone in a particular country does not have to go to work or school. (source: http://dictionary.cambridge.org/dictionary/british/public-holiday)

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public offering of shares

The sale of equity shares or other financial instruments by an organization to the public in order to raise funds for business expansion and investment.

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public administration

Public Administration is concerned with the management of public programs, which interact with the residents of the community or region. Those who work in it

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public auction

An auction held on behalf of a government in which the property to be auctioned is either property owned by the government, or property which

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