Closed-corporation


noun
1.
an incorporated business the stock of which is owned by a small group.
noun
1.
(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

Read Also:

  • Closed-couplet

    noun 1. a couplet that concludes with an end-stopped line.

  • Closed cycle

    noun 1. (engineering) a heat engine in which the working substance is continuously circulated and does not need replenishment

  • Closed-door

    [klohzd-dawr, -dohr] /ˈkloʊzdˈdɔr, -ˈdoʊr/ adjective 1. held in strict privacy; not open to the press or the public: a closed-door strategy meeting of banking executives. adjective 1. private; barred to members of the public: a closed-door meeting

  • Closed dislocation

    closed dislocation n. A dislocation not complicated by an external wound. Also called simple dislocation.

  • Closed drainage

    closed drainage n. The use of a water- or air-tight system to drain a body cavity.


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