\ ˈklōs-
\
\
Definition of close corporation
: a corporation whose stock is not publicly traded but held by a few persons (such as those in management)
Learn More About close corporation
Statistics for close corporation
Look-up Popularity
Cite this Entry
“Close corporation.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/close%20corporation. Accessed 28 May. 2022.
Style: MLA
MLA
Chicago
APA
Merriam-Webster
Chicago
APA
Merriam-Webster
Test Your Vocabulary
Which Word Does Not Belong?
-
- Which of these words does not mean "nonsense"?
Test your knowledge - and maybe learn something along the way.
TAKE THE QUIZ
A daily challenge for crossword fanatics.
TAKE THE QUIZLove words? Need even more definitions?
Merriam-Webster unabridged
Words at Play
-
You're (Probably) Saying It Wrong
18 words even you might be mispronouncing
-
Great Big List of Beautiful & Useless Words
Along with their degrees of usefulness
-
12 French Phrases from Downton Abbey
Many of us have an 'idée fixe'
-
Rare and Amusing Insults, Volume 2
Sometimes a 'cacafuego' can be a real 'slubberdeg...
Ask the Editors
Word Games
-
What’s on the Menu?
Sink your teeth into these questions about food.
Take the quiz
-
The Great British Vocabulary Quiz
Make sure you know the difference between a loo a...
Take the quiz
-
Yearbook Superlatives Quiz
"Most Likely to Use Obscure Words"
Take the quiz
-
Lexigo
Find the hidden words by solving the clues
Take the quiz
Share close corporation
Time Traveler for close corporation
The first known use of close corporation was circa 1902
See more words from the same year