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Definition of Closely-held
1. Adjective. Owned by a relatively few shareholders. "A closely-held corporation"
Lexicographical Neighbors of Closely-held
Literary usage of Closely-held
Below you will find example usage of this term as found in modern and/or classical literature:
1. A Treatise on the Law of Inheritance Taxation: With Practice and Forms by Lafayette Blanchard Gleason, Alexander Otis (1917)
"Published financial statements, dividends, private sales and opinion evidence
afford sufficient means for ascertaining their worth. c. CLOSELY HELD STOCK ..."
2. Forest Owners' Guide to the Federal Income Tax by William C. Siegel, William L. Hoover, Harry L. Haney, Jr., Karen Liu (1996)
"C corporations (those subject to the corporate income tax) that are not classified
as closely held or as personal service corporations can currently deduct ..."
3. Corporate Crime in America: Strengthening the "Good Citizen" Corporation edited by Richard P. Conaboy (1998)
"Under guideline practice, approximately 97 percent involved closely held organizations.
... Consistent with the fact that most of them are closely held ..."
4. General Explanation of Tax Legislation Enacted in 1998: Report of the Joint edited by William Roth, Bill Archer (2000)
"The 1997 Act provided for a 2-percent interest rate on the estate tax on first
$1 million in value of interests in qualified closely-held businesses, ..."
5. Investment and Speculation: A Description of the Modern Money Market and by Thomas Conway, Albert William Atwood (1911)
"Some stocks are closely held.—It is common to hear that a stock "is closely held"
... The short selling of stock which is closely held is usually carried on ..."
6. Popular Science Monthly (1914)
"This will be especially true of those small and closely-held corporations whose
securities are distributed among the original holders and where the direct ..."
7. Story of the Automobile: Its History and Development from 1760 to 1917, with by Herbert Lee Barber (1917)
"Even today, when these securities are traded in much more generally, there is a
large number of companies whose stocks are very closely held and it requires ..."
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