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

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.

Nancy and I chum together, and it’s a close corporation.

From A Little Miss Nobody Or, With the Girls of Pinewood Hall by Marlowe, Amy Bell

Hardenberg now had an assured position in that close corporation of sovereigns and statesmen by whom Europe, during the next few years, was to be governed.

From Encyclopaedia Britannica, 11th Edition, Volume 12, Slice 8 "Haller, Albrecht" to "Harmonium" by Various

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)

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