Vocab Bloom Hub

closed corporation

/ˈkləʊzd ˌkɔːpəˈreɪʃən/

Traduction: Société dont les actions sont détenues par un petit groupe de personnes, souvent la famille ou des partenaires proches, et qui ne sont pas proposées au public sur les marchés boursiers.

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phrase

/ˈkləʊzd ˌkɔːpəˈreɪʃən/C1formalbusiness
  • frSociété dont les actions sont détenues par un petit groupe de personnes, souvent la famille ou des partenaires proches, et qui ne sont pas proposées au public sur les marchés boursiers.

A business structure where shares are held by a small group of people, often family members or close associates, and are not available for public trading on stock exchanges.

  1. Privately held companyC1formal

    A corporation whose shares are held by a small group of people and are not available for public trading on a stock exchange.

    frsociété fermée

    • The family business is a closed corporation with only three shareholders.
    • Closed corporations often have fewer reporting requirements than public companies.
    • Investors cannot buy shares in a closed corporation on the open market.