close corporation
noun Date: circa 1902 a corporation whose stock is not publicly traded but held by a few persons (as those in management)

New Collegiate Dictionary. 2001.

Look at other dictionaries:

  • close corporation — see corporation Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. close corporation …   Law dictionary

  • Close corporation — Close Close (kl[=o]s), a. [Compar. {Closer} (kl[=o] s[ e]r); superl. {Closest}.] [Of. & F. clos, p. p. of clore. See {Close}, v. t.] 1. Shut fast; closed; tight; as, a close box. [1913 Webster] From a close bower this dainty music flowed. Dryden …   The Collaborative International Dictionary of English

  • Close corporation — Corporation Cor po*ra tion (k[^o]r p[ o]*r[=a] sh[u^]n), n. [L. corporatio incarnation: cf. F. corporation corporation.] A body politic or corporate, formed and authorized by law to act as a single person, and endowed by law with the capacity of… …   The Collaborative International Dictionary of English

  • close corporation — [klōs] n. a corporation in which a few persons hold all of the stock, which is rarely or never placed on the market: also closed corporation …   English World dictionary

  • close corporation — noun a corporation owned by a few people; shares have no public market • Syn: ↑closed corporation, ↑private corporation, ↑privately held corporation • Hypernyms: ↑corporation, ↑corp • Hyponyms: ↑ …   Useful english dictionary

  • Close Corporation — Die Close Corporation, in manchen Staaten auch C Corporation genannt, ist eine spezielle Form der Aktiengesellschaft für kleine und mittlere Unternehmen und steht für: Close Corporation (Südafrika), die Form einer Gesellschaft in Südafrika. Close …   Deutsch Wikipedia

  • close corporation —    A corporation that is permitted by state law to operate more informally than most (e.g., making decisions without meetings of the board of directors) and that has a limited number of shareholders often family members rather than public… …   Business law dictionary

  • close corporation — A corporation in which the officers and directors have the power to fill vacancies in office without submitting the choice to the stockholders; another term for a family corporation, in which the most of the stock is held by members of one family …   Ballentine's law dictionary

  • close corporation — /klohs/. See closed corporation. [1915 20] * * * …   Universalium

  • Close Corporation (Südafrika) — Eine Close Corporation (CC) ist eine in Südafrika existierende Unternehmensform. Sie wurde 1984 von der damaligen Regierung eingeführt, kleineren Unternehmen zu ermöglichen ein günstiges, beschränkt haftbares Unternehmen zu gründen, welche eine… …   Deutsch Wikipedia

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