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close corporation

/kləʊz ˌkɔːpəˈreɪʃən/

1 entry

phrase

/kləʊz ˌkɔːpəˈreɪʃən/C1formalbusiness
  • ruБизнес-структура, в которой количество акционеров ограничено, часто до небольшой группы, и акции не обращаются публично, что позволяет более гибкое управление и меньшее количество регуляторных требований.

A business structure where the number of shareholders is limited, often to a small group, and shares are not publicly traded, allowing for more flexible management and fewer regulatory requirements.

  1. Privately held companyC1formal

    A business corporation whose shares are held by a small number of people, often family members or a close group, and are not traded on a public stock exchange.

    ruЗакрытая корпорация

    • The family business was structured as a close corporation to maintain control.
    • Shares in a close corporation are not available to the general public.
    • The partners decided to form a close corporation to limit outside influence.