closed corporation
noun
an incorporated business the stock of which is owned by a small group.
Words nearby closed corporation
closed circuit, closed circuit method, closed comedo, closed community, closed cornice, closed corporation, closed couplet, closed cycle, closed dislocation, closed door, closed drainage
Also close corporation.
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019
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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