private limited company
noun[C]
ukusFINANCE,STOCK MARKET
atypeofcompanywhosesharesare nottradedon astockmarketand may only besoldif othershareholdersagree:
Themovefrom apublicto aprivatelimitedcompanywouldfacilitatefurtherinvestmentfromitsbiggestshareholder.
Compare
public limited company