- closed corporation
nouna corporation owned by a few people; shares have no public market• Hyponyms: ↑family business
* * *noun
many boroughs had previously been closed corporations in which aldermen co-opted whom they pleased to fill vacancies — W.H.Wickwar
snobbish to the core and its society is still a closed corporation — J.E.Jennings
* * *an incorporated business the stock of which is owned by a small group.Also, close corporation.
* * *closed corporation,a corporation whose stock is held by a few people, often by members of a single family.
Useful english dictionary. 2012.
Look at other dictionaries:
closed corporation — A type of business corporation that is owned and operated by a small group of people. Dictionary from West s Encyclopedia of American Law. 2005. closed corporation A type of business corporation tha … Law dictionary
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closed corporation — corporation whose stock is owned by a small number of people … English contemporary dictionary
closed corporation — closed′ corpora′tion n. bus an incorporated business owned by a few individuals who seldom sell their stock and so retain control … From formal English to slang
closed corporation — noun Date: 1924 close corporation … New Collegiate Dictionary
closed corporation — an incorporated business the stock of which is owned by a small group. Also, close corporation. * * * … Universalium
closed corporation — A corporation whose shares are owned by just a few people, having no public market. Bloomberg Financial Dictionary … Financial and business terms
Volkspares Closed Corporation — Rechtsform 1946 bis 2003: Limited seit 2003: Corporation Gründung 1946: Volkswagen SA Spares Corporation … Deutsch Wikipedia
corporation — cor·po·ra·tion /ˌkȯr pə rā shən/ n [Late Latin corporatio, from Latin corporare to form into a body, from corpor corpus body]: an invisible, intangible, artificial creation of the law existing as a voluntary chartered association of individuals… … Law dictionary
closed company — ➔ company * * * closed company UK US noun [C] (also closed corporation, also close company, also close corporation) ► FINANCE, STOCK MARKET a company whose shares are owned by a sm … Financial and business terms