Definitions for "Closed Corporation" Add To Word List
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corporation in which all of the voting stock is held by a few shareholders, such as management or family members. also called private company. see also closely held
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A corporation in which all of the voting stock is ... Add a comment
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A type of corporate entity that is controlled and operated by a small, closed group of individuals (often family members). The stock of this kind of corporation is not publicly traded.
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A corporation whose shares are owned by just a few people, having no public market.
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a corporation owned by a few people; shares have no public market
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a corporation whose stock is owned by relatively few people and is not to the general public
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