非ひ上じょう場じょう企き業ぎょう

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Meanings

1

unlisted company; privately held company

A company whose shares are not traded on a public stock exchange. Often used in business and legal contexts.

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Shares of an unlisted company are not publicly traded.

彼かれは非ひ上じょう場じょう企き業ぎょうの経けい営えい者しゃだ。

He is the manager of a privately held company.