Publicly-traded corporation, publicly-held company, publicly-listed company, publicly-quoted company, publicly-owned company, public corporation, and public limited company are all synonyms for the term "public company." These companies have sold securities to the public, such as stocks, and are therefore required to follow strict financial reporting standards, and are subject to scrutiny from regulatory bodies and investors. Public companies have the potential to grow significantly through access to the public markets, but also face significant pressure to maintain their profitability and satisfy shareholder expectations. Public companies are a vital component of the global economy, and provide individual investors with access to a broad range of investment opportunities.