Definition of 'private company'
noun
a limited company that does not issue shares for public subscription and whose owners do not enjoy an unrestricted right to transfer their shareholdings
Compare public companyCollins English Dictionary. Copyright © HarperCollins Publishers
Word Frequency
private company in American English
noun
Brit
a company whose shareholders may not exceed 50 in number and whose shares may not be offered for public subscription
Compare public company Most material © 2005, 1997, 1991 by Penguin Random House LLC. Modified entries © 2019
by Penguin Random House LLC and HarperCollins Publishers Ltd
Word origin
[1905–10]Examples of 'private company' in a sentence
private company
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a natural or man-made area or structure which is recognized as being of international importance and therefore deserving special protection
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