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private corporation

/ˈpraɪvɪt ˌkɔːpəˈreɪʃən/

1 entry

phrase

/ˈpraɪvɪt ˌkɔːpəˈreɪʃən/B2formalbusiness
  • ruКоммерческая организация, принадлежащая частным лицам или акционерам, чьи акции не торгуются на публичных фондовых биржах и находятся в частном владении.

A business entity owned by non-governmental individuals or shareholders, whose shares are not traded on public stock exchanges and are held privately.

  1. Privately held companyB2formal

    A business entity owned by a small group of individuals or a single entity, whose shares are not traded on public stock exchanges.

    ruЧастная корпорация

    • The private corporation decided to expand its operations without going public.
    • Many family businesses operate as private corporations.
    • The private corporation's financial records are not disclosed to the public.