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

See Examples For:

close corporation

This is the great evil of the close corporation system.

From The Galaxy, June 1877 Vol. XXIII.—June, 1877.—No. 6. by Various

For they belonged to the close corporation of "bien men," and his familiarity with them was a proof to the world of his greatness.

From The House with the Green Shutters by Brown, George Douglas

Lessee Lowe admitted he was a close corporation, being president, secretary, treasurer, boss and everything else of the company, which held no meetings, had no stock, and declared no dividends.

From Twentieth Century Negro Literature Or, A Cyclopedia of Thought on the Vital Topics Relating to the American Negro by Culp, Daniel Wallace

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)

This close corporation of printers and publishers exercised its powers for the protection of its members rather than of authors.

From The Facts About Shakespeare by Nielson, William Allan