close corporation

American  

[klohs] / kloʊs /

noun

1. closed corporation.

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close corporation British  

/ kləʊs /

noun

1.  c.c..  a small private limited company

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Etymology

Origin of close corporation

First recorded in 1915–20

Example Sentences

The faculty was a close corporation and insisted that its members should have a monopoly of all the honors and emoluments that were to accrue from the treatment of the sick and suffering.

From Woman in Science With an Introductory Chapter on Woman's Long Struggle for Things of the Mind by Zahm, John Augustine

A Royal Charter, making the proposed university a close corporation under the control of Anglican clergymen, was obtained.

From Egerton Ryerson and Education in Upper Canada by Putnam, J. Harold

Of course some artists, strictly so called, object to regarding photography as anything but a mechanical process, but the number of those who would make art a close corporation is happily diminishing.

From Pictorial Photography in America 1922 by Pictorial Photographers of America

In England, where the opposite principle was adopted, the Ministry became first the committee of an oligarchical Parliament and later a close corporation nominating the legislature which is supposed to check it.

From A History of the United States by Chesterton, G. K. (Gilbert Keith)

Society, still a close corporation, 198; but more and more subject to external influences, 198; recruited from alien elements, 199; ideal standard of, unaltered, 202.

From Social Transformations of the Victorian Age A Survey of Court and Country by Escott, T. H. S. (Thomas Hay Sweet)