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close corporation

[ klohs ]

close corporation

/ kləʊs /

noun

  1. a small private limited company c.c.
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word History and Origins

Origin of close corporation1

First recorded in 1915–20
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Example Sentences

Its opponents obtained their recruits chiefly from close corporations and rotten boroughs.

In theory and in practice ‘society’ considers itself, and to some extent is still, a close corporation.

Hardenberg now had an assured position in that close corporation of sovereigns and statesmen by whom Europe, during the next few years, was to be governed.

In 1709 the Portuguese government made Recife a separate city—a step which was bitterly resented by the Brazilians and especially by the close corporation of native families who controlled the Olinda municipal government.

A Royal Charter, making the proposed university a close corporation under the control of Anglican clergymen, was obtained.

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