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closely held corporation

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Noun1.closely held corporation - stock is publicly traded but most is held by a few shareholders who have no plans to sell
corp, corporation - a business firm whose articles of incorporation have been approved in some state


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is a closely held corporation that manufactures marine engines.
A taxpayer who sold his closely held corporation stock to an employee stock ownership plan (ESOP) was unable to defer gain recognition from the sale due to his failure to make a valid Sec.
A chief executive officer, treasurer or chief financial officer of a corporation * A corporate officer of a closely held corporation who has knowledge of corporate affairs and enjoys substantial benefits from the corporate profits
 
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