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closed corporation

noun

  1. an incorporated business the stock of which is owned by a small group.


closed corporation

noun

  1. a corporation the stock of which is owned by a small number of persons and is rarely traded on the open market Alsoclose corporation
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012


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Example Sentences

As the years went on she and the boy lived together in a sort of closed corporation paradise of their own.

A new scholarship boy had one day been assigned to the closed corporation of our particular class-room.

We establish standards to keep humanity a closed corporation, a special club in which men can live but aliens can't.

Gunnery was a closed corporation, and the gunner himself a guildsman.

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