Public banks are ones that are fully or partially owned by the government of that country. A private bank is one that is owned by an individual or by a group of people.
No, both refer to joint efforts by private companies and governmental bodies.
public bank is state owned banks whereas private banks are owned by private individuals or entities.
the different between public and private wants is on the financial means availlable and on the budgeting procedure
Public is open to all for information but can be delt with the government.Private estate is more local to the area you live in.
its a private limited company
i think Ltd is private limited company and Plc is public limited company
a public limited company can offer to sell shares to the public where as a private limited company can not. The other differences between PLC and LTD is that a private company is quoted on stock exchange where as a public limited company is not quoted on stock exchange.
Public is open, private is closed.
Public is the opposite of private.
private anf public
Both private and public companies have limited liabilities- so it is not useful to state that as a difference. The difference between a PRIVATE company (Pty Ltd) and a public company (ltd) is that in a private company- the maximum number of people that can have shares in the company is 100 in which they have to be invited by the company. With PUBLIC companies, they are on the stock exchange market (In Australia the ASX) in which they have an unlimited number of shareholders and shares are issued via prospectus etc.
Ltd is private limited company, it is in the public sector and has limited liability, the only shareholders arre family and friends, PLC is public limited company and anyone can be shareholders. a PLC is open to anyone from the public and a Ltd is only shareholders, family and friends.
Well ask yourself what the difference between "public" and "private" is. This isn't rocket science!
No, both refer to joint efforts by private companies and governmental bodies.
Public sectors are funded by the government
public bank is state owned banks whereas private banks are owned by private individuals or entities.
public