privately held corporation

NOUN
26 LETTERS · STARTS WITH P

privately held corporation is a valid 26-letter word worth 40 points in Scrabble and 45 points in Words with Friends.

SCRABBLE WORDS WITH FRIENDS
P3R1I1V4A1T1E1L1Y4H4E1L1D2C3O1R1P3O1R1A1T1I1O1N1
3 + 1 + 1 + 4 + 1 + 1 + 1 + 1 + 4 + 0 + 4 + 1 + 1 + 2 + 0 + 3 + 1 + 1 + 3 + 1 + 1 + 1 + 1 + 1 + 1 + 1 =40 PTS
DOUBLE WORD → 80TRIPLE WORD → 120
MEANING

What does privately held corporation mean?

NOUN · 1 SENSE
1

A corporation owned by a few people; shares have no public market.