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closed corporation
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noun
an incorporated business the stock of which is owned by a small group.
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Also close corporation.
Words nearby closed corporation
closed chain, closed circuit, closed-circuit television, closed community, closed cornice, closed corporation, closed couplet, closed cycle, closed-door, closed ecosystem, closed-end
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
How to use closed corporation in a sentence
British Dictionary definitions for closed corporation
closed corporation
noun
US a corporation the stock of which is owned by a small number of persons and is rarely traded on the open marketAlso: close corporation
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
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