closely held

adjective

Definition of closely held

  1. :  having most stock shares and voting rights in the hands of a few a closely held business

1946

First Known Use of closely held

1946


Law Dictionary

closely held

adjective close·ly held \ˈklōs-lē-ˈheld\

Legal Definition of closely held

  1. :  having most stock shares and corporate voting rights in the hands of a few shareholders

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