A privately held corporation is a type of corporation whose shares are not for sale to the public.
publicly held corporation
A publicly held corporation is a corporation whose shares of stock are held by and are available for purchase by members of the public.
Additional Information
The shares of public corporations can be bought or sold on one of the major stock exchanges, such as the New York Stock Exchange (NYSE) or the National Association of Securities Dealers Automated Quotations (NASDAQ).
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