PRIVATE PLACEMENT

private placement

private placement. 1. Family law. The placement of a child for adoption by a parent, lawyer, doctor, or private agency, rather than by a government agency. • At least eight states have prohibited private-placement adoptions. — Also termed direct placement. [Cases: Adoption 6–7. 8. C.J.S. Adoption of Persons §§ 25–40, 51–72.] 2. Securities. See private

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