What is the meaning of Close Corporation?

Close Corporation is a corporation with relatively few shareholders and no regular markets for its shares. Close corporations usually have never made a public offering of shares and the shares themselves may be to subject to restrictions on transfer.

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APABarry Goldsmith. (2010). close corporation. Retrieved September 28, 2026, from http://smartdefine.org/close_corporation/definitions/1149994
ChicagoBarry Goldsmith. 2010. "close corporation" http://smartdefine.org/close_corporation/definitions/1149994 (accessed September 28, 2026).
HarvardBarry Goldsmith 2010, close corporation, Smart Define, viewed 28 September, 2026, <http://smartdefine.org/close_corporation/definitions/1149994>.
MLABarry Goldsmith. "close corporation" 21 October 2010. Web. 28 September 2026. <http://smartdefine.org/close_corporation/definitions/1149994>
{ class="autoclick" }next definition (/)