Preevatly held company

(Reguidit frae Private company)

A privately held company or close corporation is a business company ained either bi non-govrenmental organisations or bi a relatively smaw nummer o sharehaulders or company members which disna offer or trade its company stock (shares) tae the general public on the stock mercat exchynges, but rather the company's stock is offered, ained an tradit or exchynged privately.