PUBLIC ACCOUNTABILITY
\pˈʌblɪk ɐkˌa͡ʊntəbˈɪlɪti], \pˈʌblɪk ɐkˌaʊntəbˈɪlɪti], \p_ˈʌ_b_l_ɪ_k ɐ_k_ˌaʊ_n_t_ə_b_ˈɪ_l_ɪ_t_i]\
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The obligations of agencies and public enterprises who have been trusted with the public resources, to be answerable to the fiscal and the social responsibilities that have been assigned to them. These companies and agencies need to be accountable to the public at large and carry out the duties asked of them responsibly.TLDÂ Example: Transparency in government proceedings is designed to allow for public accountability and ensure officials are acting on behalf of the public.
By Henry Campbell Black
