closed corporation
- an incorporated business the stock of which is owned by a small group.
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Also close corporation.
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
closed corporation
- 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
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Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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