private company

noun

British.

1. a company whose shareholders may not exceed 50 in number and whose shares may not be offered for public subscription.

private company

noun

1. a limited company that does not issue shares for public subscription and whose owners do not enjoy an unrestricted right to transfer their shareholdings Compare public company

Word History and Origins

Origin of private company¹

First recorded in 1905–10

Example Sentences

The private company raised $150 million in venture financing in 2022, setting its value at $8 billion, and is now considering an initial public offering, Yarlagadda said.

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TechMet’s Menell says the government has made 30% annually on its investment in the private company.

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TechMet’s Menell says the government has made 30% annually on its investment in the private company.

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“The longer this goes on without data, the more we’re flying blind making decisions based on private company data or more anecdotal evidence,” said Charlie Ripley, senior investment strategist, Allianz Investment Management.

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As a private company, OpenAI doesn’t have to justify its spending to the markets but the danger is that it will force public rivals such as Meta Platforms and Microsoft into a competition that will send costs spiraling.

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