Meaning of the word "private company" in English
What does "private company" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
private company
US /ˈpraɪ.vət ˈkʌm.pə.ni/
UK /ˈpraɪ.vət ˈkʌm.pə.ni/
Noun
1.
a company whose shares are not traded on a stock exchange and are held by a small number of shareholders, often family members or a small group of investors
Example:
•
He decided to keep his business a private company rather than going public.
•
Many small businesses start as private companies.
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