A corporation whose voting stock is owned by only a few shareholders.
A company owned by a limited number of shareholders and whose stock is not generally available to outsiders.
A corporation that has a small group of controlling shareholders who hold the majority of voting stock.
Schedule II banks may be closely held meaning that one party or owner can hold more than 10% of the outstanding shares. Schedule I banks are prohibited from this type of ownership.
A company that has a small group of controlling shareholders. In contrast, a widely held firm has many shareholders. It is difficult or impossible to wage a proxy fight for any closely held firm.