Definition of Private corporation:
Incorporated firm whose shares are not publicly traded, and are held by a small number of stockholders (shareholders).
How to use Private corporation in a sentence?
- The private corporation was a huge influence on the economic disaster that transpired a few years ago, throwing the country into recession.
- They were a private corporation and had a lot of leverage in the business world which made them a force to be reckoned with.
- You may want to be listed as a private corporation if you think that will make it easier for your business to grow.
Meaning of Private corporation & Private corporation Definition