HomeDefinitionsCompareDebt Private letter rulingThe financial definition for Private letter ruling:A ruling by the IRS in response to a request for interpretation of a tax law. Similar MatchesGoing privateGoing privateWhen publicly owned stock in a firm is ../../finance-glossary/d with complete equity ownership by a private group. The firm is delisted on stock exchanges and can no longer be purchased in the open markets. Private Export Funding Corporation (PEFCO)Private Export Funding Corporation (PEFCO)Company that mobilizes private capital for financing the export of big-ticket items by US firms by purchasing at fixed interest rates the medium- to long-term debt obligations of importers of US products. Private label pass throughsPrivate label pass throughsRelated: Conventional pass-throughs. Further SuggestionsPrivate limited partnershipPrivate market value (PMV) Private Mortgage Insurance (PMI) Private placement Private purpose bond Click to compare definitions of Private letter ruling Click to view definitions beginning pr |