| 单词 | closely held corporation |
| 释义 | closely held corporationDefinition Firm (1) whose most (but not all) issued shares are held by a family or a small group of investors, (2) the number of its shares held by the outsiders or public is large enough to provide a basis for it to be listed on a stock exchange. See also closed corporation. Use 'closely held corporation' in a SentenceIf you are working in a closely held corporation then you may have to contact the shareholders before you make a decision. They were a closely held corporation and I think that was good because those types of organizations always last longer. The Smith Corporation has been a closely held corporation since its founding, and shares are held only by the direct descendants of Elias Smith and their spouses. |
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