Privately Held Company

Definition

  • A company with a small number of shareholders that is not publically traded on a stock exchange. Privately held companies can exist as sole proprietorships, partnerships, or corporations. Also known as a "privately owned business," "close corporation," "unquoted company," or an "unlisted company."

Synonyms
privately owned business, close corporation, unlisted company, unquoted company

Alternate Spellings
sole proprietorship

Related Terms and Acronyms

  • Business (busn) Abbreviation,
    • A company, either for-profit or non-profit.
    • Commercial, industrial or professional activities undertaken by an entity.
    • Economic activities of a given type.
  • Common Stock (CS) Acronym,
    • A security that allocates partial ownership in a corporation, but at a lower standing than preferred stocks.
  • Corporation Definition,
    • A legal entity that is legally separate from its owners and employees.
  • Incorporated Business Definition,
    • A company that exists as a corporation.
  • Initial Public Offering (IPO) Acronym,
    • When shares of a corporation become available to the public for the first time.
  • Preferred Stock Definition,
    • A type of security that signifies part ownership in a corporation and is given preferential treatment over common stocks.
  • Publicly Traded Company Definition,
    • A company that is sold on a stock exchange.
  • Revenue Definition,
    • Money earned by a company from its business activities.
  • Sole Proprietorship Definition,
    • A business owned by an individual where no legal distinction is made between the business and the owner.
  • Stock Definition,
    • A share of the ownership of a company.
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