What is the meaning of closed corporation?

A corporation owned by a few people; shares have no public market.
- synonyms: close corporation, private corporation, privately held corporation

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APA	WordNet. (2010). closed corporation. Retrieved September 22, 2026, from http://smartdefine.org/closed_corporation/definitions/1223700
Chicago	WordNet. 2010. "closed corporation" http://smartdefine.org/closed_corporation/definitions/1223700 (accessed September 22, 2026).
Harvard	WordNet 2010, closed corporation, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/closed_corporation/definitions/1223700>.
MLA	WordNet. "closed corporation" 23 October 2010. Web. 22 September 2026. <http://smartdefine.org/closed_corporation/definitions/1223700>

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