PUBLIC OWNERSHIP Definition

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PUBLIC OWNERSHIP is either: a. Government ownership and operation of a productive facility for the purposes of providing some goods or services to citizens; or, b. in investments, portion of a corporations stock that is publicly traded and owned in the open market.

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T&R, among others, can mean: Technical & Research or Termination & Recoupment.

PARITY BIT is a redundant bit added to a string of bits to increase the accuracy of data transmission.

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