or Privately-Held Corporation
A corporation which does not offer it shares stock for public sale and only traded or sold privately.
A Corporation whose shares are not publicly traded on any exchange.
A business corporation with shares that are not traded among the general public.
A corporation which does not offer stock for public sale (Private corporations are not required by law to provide information about their financial conditions.)
a company not listed on a stock exchange or the over the counter market, sometimes called a closed corporation
A company whose shares are not traded on the open market. The transfer of shares in such a company is usually restricted in some way, such as by the requirement that the directors or shareholders of the corporation must approve any transfer of shares in advance of the sale. Opposite of public company.