Closely Held Corporation
Any company that has only a limited number of shareholders. Closely held corporation stock is publicly traded on occasion, but not on a regular basis. These entities differ from privately owned firms that issue stock that is not publicly traded. Those who own shares of closely held corporations should consult a financial planner with expertise in the tax and estate ramifications that come with owning this type of stock.
Despite the fact that its stock is listed, many transactions between major shareholders and closely held corporations do not receive the same preferential tax treatment as those of corporations with actively traded stocks. Deductions and losses may not be allowed in some instances for parties involved in these transactions.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
closely held corporation — n: close corporation at corporation Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
closely held corporation — noun stock is publicly traded but most is held by a few shareholders who have no plans to sell • Hypernyms: ↑corporation, ↑corp … Useful english dictionary
closely held corporation — In the USA, a public corporation that has only a limited number of stockholders and consequently few of its shares are traded … Accounting dictionary
closely held corporation — In the USA, a public corporation that has only a limited number of stockholders and consequently few of its shares are traded … Big dictionary of business and management
closely held corporation — Fin a company whose shares are publicly traded but held by very few people … The ultimate business dictionary
close or closely held corporation — See corporation … Black's law dictionary
closely-held — adj. owned by a relatively few shareholders; of business organizations; as, a closely held corporation. [WordNet 1.5] … The Collaborative International Dictionary of English
closely held company — A company who has a small group of controlling shareholders. In contrast, a widely held firm has many shareholders. It is difficult or impossible to wage a proxy battle for any closely held firm. Bloomberg Financial Dictionary * * * closely held… … Financial and business terms
closely-held — adjective owned by a relatively few shareholders a closely held corporation • Similar to: ↑owned … Useful english dictionary
closely held — close·ly held / klōs lē held/ adj: having most stock shares and corporate voting rights in the hands of a few shareholders Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. closely held … Law dictionary