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Definition of Closely held corporation
1. Noun. Stock is publicly traded but most is held by a few shareholders who have no plans to sell.
Lexicographical Neighbors of Closely Held Corporation
Literary usage of Closely held corporation
Below you will find example usage of this term as found in modern and/or classical literature:
1. Fighting Hard-core Cartels: Harm, Effective Sanctions and Leniency Programmes by Oecd (2002)
"... the corporation - are advised of the illegal activity, they take action to
cease that activity. ln the case of a closely held corporation in which the ..."
2. Fundamental Reform of Personal Income Tax edited by Organización de Cooperación y Desarrollo Económico (2006)
"... of the corporate assets is taxed as capital income and that the remaining part
of the closely-held corporation's profits is taxed as labour income. ..."
3. Iron Ores: Their Occurrence, Valuation, and Control by Edwin Clarence Eckel (1914)
"In the cases of a highly successful firm or closely held corporation, this is
still true. Such industrial units as the old Carnegie partnership, ..."
4. Federal Income Tax and Its Relation to Real Property by Real estate board of New York (1920)
"... no income is realized, because the conversion is merely in form; or if he
exchanges his stock for stock in a small, closely held corporation, no income ..."