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Closely Held

   Also found in: Financial 0.03 sec.

A phrase used to describe the ownership, management, and operation of a corporation by a small group of people.

In a closely held corporation, the same people often act as shareholders, directors, and officers, and no outside investors exist.



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Starler, who represented high net worth individuals and closely held businesses, is joining Greenberg Traurig as of counsel to its tax group.
After L's death, the estate employed an appraisal company (A) to prepare a valuation of L's interests in closely held entities.
Purchase and Sale of Closely Held Businesses: Advanced Real World Tax Strategies (No.
 
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