private corporation
8
3.7
- noun
- /ˈpraɪvɪt ˌkɔːrpəˈreɪʃən/
- Specialized
:
corporación privada
- As a private corporation, it can make decisions quickly without needing to consult public shareholders.
- government and private corporation
It's just like, or he just thinks the banking system's a little fucked up and maybe it shouldn't be run by a private corporation.
- It's just like, or he just thinks the banking system's a little fucked up and maybe it shouldn't be run by a private corporation.
- That is, they're using the same kind of incentive plans that private corporations do.
Examples
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As the first private corporation...
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True, Bright Horizons partners with government institutions as well as private corporations to administer child care centers.
Blog text (15) -
In the year 2022, the international prison system is operated by private corporations.
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the Fed is a private corporation with banks as shareholders.
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Salary levels are a matter for individual organizations and, when they are private corporations, should be a private decision.
Academic text (1993) -
It's a private corporation in Peru.
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When public works are privatized by private corporations, the public is placed second to profit.
Blog text (9) -
In February 1836, this central bank became a private corporation under Pennsylvania Commonwealth law.
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The private corporation would then make the campus into a spartan campus for 200 to 300 students.
Academic text (2012) -
Although public funding resulted in some governmental control, the NYIB remained a private corporation.
Academic text (2015)
Synonyms
A company owned by a few people whose shares are not sold on public stock markets
A company that a small group of people own and run and whose shares are not sold to the public
A company whose shares are owned by a small group and not sold to the public
A company owned by a small group whose shares are not sold on the stock market
How Public
- Specialized
8
3.7
- Specialized
3
7.0
Surface Forms
Morphology
The meaning is directly and transparently derived from combining 'private' (belonging to or reserved for specific people) with 'corporation' (a legal business entity): it denotes a corporation owned privately rather than publicly traded. This adjective + noun composition is cross-linguistically common and follows standard English patterns, so a B1 learner who knows both constituents can infer the intended meaning.
Etymology
Private corporation is like a small, closed club: private means only a few people are inside and corporation means a business. Imagine a family meeting behind a closed door where only members hold 'shares' and make choices, so the phrase means a company not open to the 'public' or the 'stock market'.