Closed Corporation
(redirected from closely-held)

Also found in: Dictionary/thesaurus, Legal

0.01 sec.

Closed corporation

A corporation whose shares are owned by just a few people, having no public market.

Closed Corporation

A company in which a small group of shareholders controls the majority of the shares. These majority shareholders tend to hold on to the company's stock, and, for that reason, only minority shares are traded, leading to light trade volume. Closed corporations are, by their nature, resistant to hostile takeovers and proxy wars. They tend to be more stable than other companies because their share prices are not determined by (sometimes irrational) investment decisions, but by the value of the company itself. However, closed corporations do not have access to as much working capital as corporations with more shareholders. They are also called closely held companies.

closed corporation

See closely held company.

Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.

?Page tools

Printer friendly
Cite / link

Feedback
Add definition

Mentioned in	?		References in periodicals archive	?		Financial browser	?		Full browser	?
close corporation Closely Held Closely Held Company closely held corporation Management/Closely Held Shares			Milton Gelman uses the purchases of letter stock by closed-end investment companies to estimate an appropriate discount for lack of marketability of closely held common shares in "An Economist-Financial Analyst's Approach to Valuing Stock of a Closely-Held Company. The valuation of owner-financed residential mortgages by Finch, J. Howard; Rudolph, Patricia / Appraisal Journal Com), closely-held Cybersource now serves more than 400 customers, for whom it processed more than 8 million online transactions in 1998, worth some $200 million. Business Week: Cybersource Corp. to Go Public by Business Wire			Clip Cliquet CLO CLOB Clone Fund Close Close a Position close corporation Close Market Close Period Close-End Credit Closed Corporation Closed Fund Closed Out Closed Year Closed-End Fund Closed-End Indenture Closed-End Investment Company Closed-end management company closed-end mortgage Closed-Market Transaction Closely Held Closely Held Company closely held corporation Closely Held Shares closely-held Closet Index Fund Closet Indexing closing closing agent Closing Balance Closing Bell closing company closing costs closing date Closing Price closing protection letter Closing Purchase Closing Quote Closing Range Closing Rate Closing Sale closing statement Closing Tick Closing Transaction Closing TRIN closure closure document cloud on title CLP Club			Closely held Closely held Closely held Closely Held Companies Closely Held Companies Closely Held Companies Closely held company Closely held company Closely held company closely held corporation closely held corporation closely held corporation closely held corporation Closely Held Corporations Closely Held Corporations Closely Held Corporations Closely Held Share Closely Held Shares Closely Held Stock Closely Held Stocks closely knit Closely Related Closely Related closely resemble Closely Spaced Basing Closely Spaced Parallel Operations Closely Spaced Parallel Runways Closely Trimmed Boneless Retail Cuts closely united Closely-Coupled Metallo-Dielectric Electromagnetic Band Gap closely-held Closely-Held Companies Closely-Held Companies Closely-Held Companies Closely-Held Company Closely-Held Company Closely-Held Company Closely-Held Corporation Closely-Held Corporation Closely-Held Corporation Closely-Held Corporations Closely-Held Corporations Closely-Held Corporations Closely-Held Share Closely-Held Shares Closely-Held Stock Closely-Held Stocks Closely-Spaced Object closemouthed closemouthed Closen closeness closeness closeness closeness closeness closenesses closenesses closenesses closenesses closeout

Financial Dictionary

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup

Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.

Closed Corporation (redirected from closely-held)

Closed Corporation
(redirected from closely-held)