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close corporation

[klohs] /kloʊs/
Origin of close corporation
1915-20 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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Examples from the web for close corporation
  • Some courts have recognized that where there is a close corporation, a derivative action is not necessary.
British Dictionary definitions for close corporation

close corporation

(South African) a small private limited company c.c.
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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