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词汇 proprietary company
释义

Definition of proprietary company in English:

proprietary company

noun
Australian, NZ
  • A company whose shares may not be offered to the public for sale; a private company.

    it can indulge its customers in a way proprietary companies cannot
    Example sentencesExamples
    • The applicant is a private proprietary company operating a regional country airline.
    • That was a case involving a dispute between two factions in a proprietary company.
    • The use of a limited liability company rather than a proprietary company is curious.
    • A proprietary company must have at least one director.
    • Work for proprietary companies is often described as continually "reinventing the wheel": progress is kept secret and work duplicated.
    • Proprietary companies are releasing Open Source programmes.
    • For taxation purposes, proprietary companies should also ensure that profits are available for distribution and are validly paid as dividends.
    • The client is a large proprietary company but as far as the directors are concerned the financials are private information.
    • I am contemplating buying all the shares in a proprietary company that carries on a small business.
    • The issue is most likely to arise in relation to proprietary companies.
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