Meaning of “private limited company” in the English Dictionary

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"private limited company" in Business English

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private limited companynoun [ C ]

uk us

FINANCE, STOCK MARKET a type of company whose shares are not traded on a stock market and may only be sold if other shareholders agree:

The move from a public to a private limited company would facilitate further investment from its biggest shareholder.

(Definition of “private limited company” from the Cambridge Business English Dictionary © Cambridge University Press)