closed corporation Antonyms

No Synonyms and anytonyms found

Meaning of closed corporation

Wordnet

closed corporation (n)

a corporation owned by a few people; shares have no public market

closed corporation Sentence Examples

  1. A closed corporation restricts ownership to a select group of shareholders.
  2. The shareholders of a closed corporation have limited liability for the company's debts.
  3. Closed corporations are not publicly traded on the stock market.
  4. Forming a closed corporation requires compliance with state laws and regulations.
  5. Closed corporations often have fewer shareholders compared to public companies.
  6. Shareholders in a closed corporation typically have a more direct influence on company decisions.
  7. The financial statements of a closed corporation may not be publicly disclosed.
  8. Transferring ownership shares in a closed corporation usually requires approval from existing shareholders.
  9. Closed corporations are commonly used for family businesses and small enterprises.
  10. Shareholders' meetings in a closed corporation are typically less formal compared to those of public companies.

FAQs About the word closed corporation

a corporation owned by a few people; shares have no public market

No synonyms found.

No antonyms found.

A closed corporation restricts ownership to a select group of shareholders.

The shareholders of a closed corporation have limited liability for the company's debts.

Closed corporations are not publicly traded on the stock market.

Forming a closed corporation requires compliance with state laws and regulations.