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English definition of “public sale”

public sale

noun [C]    
COMMERCE an occasion when goods or property are sold in an auction: Brokers get tickets from sources as varied as public sales, walk-in customers, and other brokers.
[C] STOCK MARKET an occasion when a company makes shares available on a stock exchange: The firm announced it was considering a public sale of its shares.
(Definition of public sale noun from the Cambridge Business English Dictionary © Cambridge University Press)
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