Closely held corporation


 

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Closely held corporation

In the US, this refers to a corporation with only a small number of shareholders. Although a public company, shares would not normally be available for trading because of a lack of liquidity.



Similar Matches

Transnational corporation

Transnational corporation

1. Same as multinational corporation, though for some reason this term seems to be preferred by those who don't like them. 2. A corporation whose national identity is a matter of convenience only, and that will move its headquarters readily in response to incentives.


Federal Deposit Insurance Corporation

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In the US, the federal agency that acts as guarantor for funds deposited in member banks.


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Federal Agricultural Mortgage Corporation (Farmer Mac)

A federal agency chartered in 1988 to provide a secondary market for farm mortgage loans.


Edge Act corporation

Edge Act corporation

Corporation chartered by the Federal Reserve to engage in international banking. The Board of Governors acts on applications to establish Edge Act corporations and also examines the corporations and their subsidiaries. Named after Senator Walter Edge of New Jersey, who sponsored the original legislation to permit formation of such organizations. See also: agreement corporation.


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Federal Deposit Insurance Corporation (FDIC)

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