bn:00019924n
Noun Concept
Categories: archived copy as title, Companies, Business law, Legal entities, Corporate law
EN
close corporation  private corporation  closed corporation  privately held corporation  Privately held company
EN
A corporation owned by a few people; shares have no public market WordNet 3.0
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EN
A corporation owned by a few people; shares have no public market WordNet 3.0 & WordNet 2020
A privately held company, private company, or close corporation is a corporation that is not owned by the government, non-governmental organizations and by a relatively small number of shareholders or company members, which does not offer or trade its company stock to the general public on the stock market exchanges, but rather the company's stock is offered, owned and traded or exchanged privately or over-the-counter. Wikipedia
Business company owned either by non-governmental organizations or by a relatively small number of shareholders or company members, and the company's capital stock is offered, owned and traded or exchanged privately Wikidata