closed corporation
Definition
Firm whose all issued shares are held by a family or a small group of investors and, therefore, cannot be bought by the public. Also called privately held corporation. See also closely held corporation.
Mentioned in these definitions
Popular 'Entrepreneurship, Management, & Small Business' Terms
closed corporation in the news
Loading...
This content can be found on the following page:
http://www.businessdictionary.com/definition/closed-corporation.html
