WordNet
closed corporation
n. a corporation owned by a few people; shares have no public market [syn: close corporation, private corporation, privately held corporation]
Usage examples of "closed corporation".
It's a closed corporation with ties to companies involved in large-scale hydraulic projects.
He discovered that the Guard was not the closed corporation the People were.
Specifically, they formed and recruited for a closed corporation intended to maintain and improve the breed.
It is a closed corporation, and you create arbitrary objections in order to keep people out.