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Close corporation   /kloʊs kˌɔrpərˈeɪʃən/   Listen
Close corporation

noun
1.
A corporation owned by a few people; shares have no public market.  Synonyms: closed corporation, private corporation, privately held corporation.






WordNet 3.0 © 2010 Princeton University








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"Close corporation" Quotes from Famous Books



... to resist innovation, even though it be improvement, is observable in every special organization—in religion, in law, in medicine, in science, in trade guilds; and it becomes intense just as the organization is close. A close corporation has always an instinctive dislike of innovation and innovators, which is but the expression of an instinctive fear that change may tend to throw down the barriers which hedge it in from the common herd, and so rob it of importance and power; and it ...
— English Prose - A Series of Related Essays for the Discussion and Practice • Frederick William Roe (edit. and select.)



Words linked to "Close corporation" :   private corporation, family business, corp, corporation, closed corporation



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