closely held corporation

1. 1.

   stock is publicly traded but most is held by a few shareholders who have no plans to sell

   Broadercorporation

Questions about closely held corporation

What does closely held corporation mean?

closely held corporation means "stock is publicly traded but most is held by a few shareholders who have no plans to sell".

Is closely held corporation a common word?

closely held corporation is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.