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Close corporation   /kloʊs kˌɔrpərˈeɪʃən/   Listen
Close corporation

noun
1.
A corporation owned by a few people; shares have no public market.  Synonyms: closed corporation, private corporation, privately held corporation.





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"Close corporation" Quotes from Famous Books



... prey of the brigand and then it was fortunate enough to have a friend at court. It lost its original endowment and its private character. It gained a larger revenue and a Royal Charter. The placidity of its life was undisturbed by financial deficits. Its income expanded steadily. The close corporation of Governors were never ambitious to display their wealth, they never excited the greed of the statesman; even Cromwell's army passed through the district unmentioned by ...
— A History of Giggleswick School - From its Foundation 1499 to 1912 • Edward Allen Bell


Words linked to "Close corporation" :   corporation, corp, family business


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