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private company

noun

, British.
  1. a company whose shareholders may not exceed 50 in number and whose shares may not be offered for public subscription.


private company

noun

  1. 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 company
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012


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Word History and Origins

Origin of private company1

First recorded in 1905–10

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