Difference between public company and private company?
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Difference between public company and private company?
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Answer:
A public company (sometimes called a publicly held company) is usually a corporation that issues shares of stock (a stock corporation). ... A private company is a stock corporation whose shares of stock are not publicly traded on the open market but are held internally by a few individuals.
Main difference
The main difference between a private vs public company is that the shares of a public company are traded on a stock exchange. Stocks, also known as equities, represent fractional ownership in a company, while a private company's shares are not.