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closely held
adjective
: having most stock shares and voting rights in the hands of a few
a closely held business
Examples of closely held in a Sentence
Recent Examples on the Web
These issues present especially difficult challenges because such beliefs tend to be closely held.
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Susan Adcox, Parents, 22 July 2024
Each bank’s individual ratings are closely held, but regulators sometimes use aggregate data on banks’ grades to highlight areas of concern in discussions with other agencies and the industry.
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Sasha Rogelberg, Fortune, 21 July 2024
That's something that the campaign and the Secret Service would keep very closely held.
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CBS News, 14 July 2024
Information about law enforcement investigations is often also closely held, although in this case, which involves an investigation of a sitting president, the Justice Department and the White House might not agree on how the privilege should be applied.
—
Perry Stein, Washington Post, 7 Feb. 2024
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These examples are programmatically compiled from various online sources to illustrate current usage of the word 'closely held.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Word History
First Known Use
1946, in the meaning defined above
Dictionary Entries Near closely held
Cite this Entry
“Closely held.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/closely%20held. Accessed 27 Jul. 2024.
Legal Definition
closely held
adjective
close·ly held
ˈklōs-lē-ˈheld
: having most stock shares and corporate voting rights in the hands of a few shareholders
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