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closed corporation
(redirected from Closely held)

    Also found in: Legal, Financial 0.01 sec.
closed corporation
n.
A corporation in which the shares of stock are held by relatively few persons and are not publicly traded. Also called close corporation.
closed corporation
n
(Business / Commerce) US a corporation the stock of which is owned by a small number of persons and is rarely traded on the open market Also close corporation
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.closed corporation - a corporation owned by a few people; shares have no public market
close corporation, private corporation, privately held corporation
corp, corporation - a business firm whose articles of incorporation have been approved in some state
family business - a corporation that is entirely owned by the members of a single family
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00 Hardcover Carolina Academic Press law casebook series KF1413 This legal text/reference covers the nature and purpose of the corporation and its role in public life, the fiduciary duties of corporate directors and officers, the roles of shareholders in publicly held and closely held corporations, and fundamental transactions of corporations, such as sales of assets, mergers, parent-subsidiary mergers, and tender offers.
Corporations; cases and materials by Reference & Research Book News
NXP is owned by the CI Group, a family of closely held companies that employs over 4,000 people worldwide in a variety of industries, said NXP President Hal Tayler.
Tiffany sells little Switzerland by Caribbean Update
A financial accounting standard (known as FAS 150) that would have been detrimental to closely held contracting companies by requiring them to account for mandatorily redeemable shares on their income statements as a liability has been "indefinitely delayed.
Contractors eye decision by accounting board by Recycling Today
 
 
 
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