SINCE 1828
close corporation
noun
\ ˈklōs-
\
\
Definition of close corporation
: a corporation whose stock is not publicly traded but held by a few persons (such as those in management)
Keep scrolling for more
Keep scrolling for more
Comments on close corporation
What made you want to look up close corporation? Please tell us where you read or heard it (including the quote, if possible).
Test Your Vocabulary
Words for Summer: A Quiz
-
- Which of the following words means “of or relating to summer”?
Can you spell these 10 commonly misspelled words?
TAKE THE QUIZ
Test Your Knowledge - and learn some interesting things along the way.
TAKE THE QUIZLove words? Need even more definitions?
Merriam-Webster unabridged
Words at Play
Ask the Editors
Share close corporation
Resources for close corporation