Private Company -
A company that does not sell shares on the open market. It is the opposite
of public company - a public company does sell their shares on the
open market. Usually private companies divide their shares among family
members or workers who have earned their merits in the company. This
kind of ownership is called private. Still private companies are important
to the economy of a country. Private companies are usually called corporations
or limited corporations. In the US, private companies are not required
to publish their financial statements, opposed to public companies.
There is a limit on the number of shareholders that private companies
Leveraged Investment Company - Leveraged Investment Company is a company whose charter allows it to borrow money for investing activities. A venture company or mutual fund entitled to borrow capital for its operations. It is an investment company that issues both income shares and capital shares. It is an investment...