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

It'll be a close corporation, and if we strike oil, we'll all three have a good thing.

From The Mardi Gras Mystery by Bedford-Jones, H. (Henry)

Government, as he saw it, was of the nature of a close corporation with a vested interest hostile to the public weal, and his work is penetrated by distrust of power as such.

From Liberalism by Hobhouse, L. T. (Leonard Trelawny)

This privilege ultimately became merely a theoretical right at Bologna, where the teachers tended to become a close corporation of professors, like the Senatus of a Scottish University.

From Life in the Medieval University by Rait, Robert S.

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

"Is it a close corporation, so that new partners can not be added?" asked Mr. Stewart, of Nevada.

From History of the Thirty-Ninth Congress of the United States by Barnes, William Horatio