Meaning of “private sale” in the English Dictionary

"private sale" in Business English

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private salenoun [ C or U ]

uk us

FINANCE a situation in which shares, bonds, etc. are sold to only a small group of investors, rather than on an open market:

a private sale of sth The company raised nearly $6 million through a private sale of stock to investors.

COMMERCE, PROPERTY a situation in which land, a house, etc. is sold directly to the buyer, rather than through an agent (= someone acting for the seller):

You don't have to pay estate agents' fees if you opt for a private sale.
He decided to sell the house by private sale.

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