closed corporation Synonyms
No Synonyms and anytonyms found
closed corporation Meaning
Wordnet
closed corporation (n)
a corporation owned by a few people; shares have no public market
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.
