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Private company

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Updated: Aug 20, 2021

A limited liability company in the UK restricted to between 2 and 50 shareholders, not counting present and past employees. Shareholders cannot transfer their shares without the consent of other members, and shares cannot be offered to the general public.

Reference: Oxford Press Dictonary of Economics, 5th edt.


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James Knight
Editor of Education
James is a lead content editor for Invezz. He's an avid trader and golfer, who spends an inordinate amount of time watching Leicester City and the… read more.