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Close corporation   /kloʊs kˌɔrpərˈeɪʃən/   Listen
Close corporation

noun
1.
A corporation owned by a few people; shares have no public market.  Synonyms: closed corporation, private corporation, privately held corporation.






WordNet 3.0 © 2010 Princeton University








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"Close corporation" Quotes from Famous Books



... prey of the brigand and then it was fortunate enough to have a friend at court. It lost its original endowment and its private character. It gained a larger revenue and a Royal Charter. The placidity of its life was undisturbed by financial deficits. Its income expanded steadily. The close corporation of Governors were never ambitious to display their wealth, they never excited the greed of the statesman; even Cromwell's army passed through the district unmentioned by ...
— A History of Giggleswick School - From its Foundation 1499 to 1912 • Edward Allen Bell

... to resist innovation, even though it be improvement, is observable in every special organization—in religion, in law, in medicine, in science, in trade guilds; and it becomes intense just as the organization is close. A close corporation has always an instinctive dislike of innovation and innovators, which is but the expression of an instinctive fear that change may tend to throw down the barriers which hedge it in from the common herd, and so rob it of importance and power; and it ...
— English Prose - A Series of Related Essays for the Discussion and Practice • Frederick William Roe (edit. and select.)

... in the word species, which is well defined as "the perennial succession of individuals," commonly of very like individuals—as a close corporation of individuals perpetuated by generation, instead of election—and reducing the question to mathematical simplicity of statement: species are lines of individuals coming down from the past and running on to the future; lines receding, therefore, from our ...
— Darwiniana - Essays and Reviews Pertaining to Darwinism • Asa Gray



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