Definition of Closed corporation
1. Noun. A corporation owned by a few people; shares have no public market.
Generic synonyms: Corp, Corporation
Specialized synonyms: Family Business
Lexicographical Neighbors of Closed Corporation
Literary usage of Closed corporation
Below you will find example usage of this term as found in modern and/or classical literature:
1. Political Parties: A Sociological Study of the Oligarchical Tendencies of by Robert Michels (1915)
"The parliamentary leaders of the socialist as well as those of the capitalist parties assume the right to constitute a closed corporation, cut off from the ..."
2. An introduction to the history of medicine by Fielding H. Garrison (1921)
"... Oxford and Cambridge, in which the students and masters combined as a closed corporation under a chancellor, with the votes in the hands of the masters. ..."
3. The Nature of the Corporation as a Legal Entity: With Especial Reference to by James Treat Carter (1919)
"590 (1708), oh. 7. A distinction is made between a "closed" corporation ("one In which the governing body of the city is self-perpetuating"), and an "open". ..."
4. The Charter and Ordinances of the City of Boston by Boston (Mass.), Massachusetts (1864)
"... approaching train the position of the draw, whether open or closed, corporation 50. The corporation may erect, at a distance of five hundred ..."
5. The Financial Organization of Society by Harold Glenn Moulton (1921)
"... pass its novitiate either as a partnership or as a closed corporation where the funds are derived entirely from a small group of interested investors. ..."
6. Financial Investigations: A Financial Approach to Detecting and Resolving Crimesby Don Vogel by Don Vogel (1999)
"closed corporation Corporation owned by a few stockholders, not available for investment by public. Codification The process of collecting and arranging ..."
7. The Horseless Age (1909)
"It is understood that the company will be continued as a closed corporation. John F. Wilcox, father of HE Wilcox, and С. Н. Davidson, of Carrington, ..."