noun
public corporation; public enterprise
Refers to a corporation or enterprise owned or operated by a public authority, such as a government or municipality.
公企業は、公共の利益のために運営される。
Public corporations are operated for the public interest.
この公企業は市が所有している。
This public enterprise is owned by the city.
公営企業 specifically refers to a publicly managed enterprise, often used interchangeably with 公企業 but emphasizes management rather than ownership.
Compound of 公 (public) and 企業 (enterprise).