privately held company

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Privately Held Company

A company in which a small group of shareholders control all of the shares. These shareholders tend to hold onto the company's stock and, in any case, no shares are publicly traded. Privately held companies are, by their nature, impervious to hostile takeovers and proxy wars. They tend to be more stable than other companies because their share prices are not determined by (sometimes irrational) investment decisions, but by the value of the company itself. However, privately held companies do not have access to as much working capital as corporations with more shareholders have. See also: Closely Held.

privately held company

A firm whose shares are held within a relatively small circle of owners and are not traded publicly.
References in periodicals archive ?
Private corporations wield even greater influence on PBS, because their money finances the actual production of programming.
For companies planning to do business with private corporations, the procedure is more involved and expensive.
The Philippine Clearing House Corporation (PCHC) is a private corporation owned by the commercial banks which are members of the Banker's Association of the Philippines (BAP).
Stark said city investors followed the state's new ``prudent investor'' laws that, for example, allow cities to invest only up to 30 percent of its portfolio in private corporations with minimum A bond ratings.
On the theory that ``if we build it, inmates will come,'' a private corporation announced plans Thursday to build and operate a 2,000-bed prison in the Mojave Desert - ``on spec.
The Argus Foundation, a Sarasota based public policy foundation supported by private corporation CEOs in Southwest Florida, sees this as an opportunity to demonstrate how a stadium can be built as a true public/private partnership.
PINK SHEETS: DKMD) announced today that it has acquired VocalWave Technologies Inc, a private corporation and a leading developer and provider of proprietary technology and value added services for the wireless telecommunications sector.
He is also President of WM Mining Company, a private corporation that owns and develops uranium projects in Mongolia and the USA.
Jeffrey Collins, announces that, as a result of the completion of an amalgamation (the "Amalgamation") between the private corporation, The Medipattern Corporation ("Private Medipattern") and Skoobins Resources Inc.
Screen Giant") a private corporation with its head office in Calgary, Alberta (www.