Closely Held Corporation

Definition of "Closely Held Corporation"
  1. A corporation that does not trade its stock publicly and often has a limited number of shareholders
How to use "Closely Held Corporation" in a sentence
  1. The majority of the Closely Held Corporation's shares belong to the founding family.
  2. It's more difficult to buy shares in a Closely Held Corporation, as they're not publicly traded.
  3. The Closely Held Corporation is often managed exclusively by its original owners.

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