PRIVATE CORPORATION Definition

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PRIVATE CORPORATION is a corporation that ownership is held by the private sector, i.e. individuals or companies.

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FIXED CAPITAL includes the value of the purchases and own-account construction of fixed assets by enterprises, households, private non-profit institutions, and general government for civil defense. Its components include construction and durable equipment.

DISCONTINUED OPERATIONS is the sale, disposal, or planned sale in the near future of a business segment (product line or class of customer).

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