What does private corporation mean?
Definitions for private corporation
pri·vate cor·po·ra·tion
This dictionary definitions page includes all the possible meanings, example usage and translations of the word private corporation.
Princeton's WordNet
closed corporation, close corporation, private corporation, privately held corporationnoun
a corporation owned by a few people; shares have no public market
ChatGPT
private corporation
A private corporation is a type of company that is privately owned and not publicly traded on any stock exchange. The shares of a private corporation are held by a relatively small number of owners or shareholders, often including the founders, family members, and sometimes employees. Decisions regarding the operation of the corporation are typically made by the owners or a board of directors appointed by the owners. Private corporations do not have to disclose financial information or outlook to the public, which reduces regulation. They have a high degree of flexibility in terms of business operations and decisions.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of private corporation in Chaldean Numerology is: 2
Pythagorean Numerology
The numerical value of private corporation in Pythagorean Numerology is: 1
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"private corporation." Definitions.net. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.definitions.net/definition/private+corporation>.
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