The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

CLOSED CORPORATION Definition & Legal Meaning

Definition & Citations:

Firm privately held, whose shares are owned by a family or a small group of investors, and not available to the public. Known also as privately held corporation. Refer also to closely held corporation.


This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.