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单词 close corporation
释义

close corporation

noun

ˈklōs- How to pronounce close corporation (audio)
: a corporation whose stock is not publicly traded but held by a few persons (such as those in management)

Example Sentences

Recent Examples on the Web With very rare exceptions (such as Nevada's close corporation statute), charging orders are not authorized by statutes of a corporate nature, which includes Ohio professional associations. Jay Adkisson, Forbes, 20 Sep. 2021

Word History

First Known Use

circa 1902, in the meaning defined above

Legal Definition

close corporation

see corporation

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更新时间:2024/12/23 14:40:00