Share this entry

Share this page

private company

Line breaks: pri|vate com|pany

Definition of private company in English:

noun

British
A company whose shares may not be offered to the public for sale and which operates under legal requirements less strict than those for a public company.
Example sentences
  • Forbes uses the value of publicly traded shares and private companies to obtain its figures.
  • It is indeed the basis of the distinction made in the Act between a public company and a private company.
  • The consultant advised that the project be franchised out to a private company through public tender.

Share this entry

Share this page

 

What do you find interesting about this word or phrase?