Closely held company

CLOSELY HELD COMPANY - A company who has a small group of controlling shareholders. In contrast, a wide...
CLOSING - The meeting between the buyer, seller and lender or their agents where the property and funds...

The two most common uses of ESOPs are: (a) to buy the stock of a retiring owner in a closely held company, and (b) to provide an extra employee benefit or incentive plan.

BUSINESS VALUATION The determination of the value of a business (sole proprietorship, partnership, public and closely held company) for use in estate/gift tax planning, business dissolution, and buy/sell agreements.

A corporation whose voting stock is owned by only a few shareholders.
Closely held company ...

See also: Closely held, C corporation, Closing price, Expense, Bills