private corporation

Unlisted ownership entity

A private corporation is a company whose shares are not traded on public stock exchanges.

Ownership is restricted to a limited group—founders, employees, or private investors—rather than the general public.

Most businesses are private corporations, from small family firms to large companies like Cargill.

A private corporation may go public by offering shares on an exchange.

Related

market competition · hostile takeover · bylaws · founder · meeting · investor · capital investment · fiduciary duty · strategic planning · industry growth · proprietor · co-owner · job creation · revenue generation · stock options · board member · boardroom · corner office

Opposites
ownership structure and share accessibility

private corporationpublic corporation

Government-owned commercial entity

public company · listed company

profit motive and organizational purpose

private corporationnonprofit organization

Mission-focused entity, not profit-seeking

charity · charitable organization · not-for-profit · social enterprise · cooperative

control and ownership sector

private corporationgovernment corporation

State-owned business organization

government agency · public authority · collective · worker cooperative · commune

Family

private, privately, privateer, privation, privacy, privatize, privatization, deprive, deprivation

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Everyday, not technical · Rated G