Close corporation

Close corporation
Close Close (kl[=o]s), a. [Compar. {Closer} (kl[=o]"s[~e]r); superl. {Closest}.] [Of. & F. clos, p. p. of clore. See {Close}, v. t.] 1. Shut fast; closed; tight; as, a close box. [1913 Webster]

From a close bower this dainty music flowed. --Dryden. [1913 Webster]

2. Narrow; confined; as, a close alley; close quarters. ``A close prison.'' --Dickens. [1913 Webster]

3. Oppressive; without motion or ventilation; causing a feeling of lassitude; -- said of the air, weather, etc. [1913 Webster]

If the rooms be low-roofed, or full of windows and doors, the one maketh the air close, . . . and the other maketh it exceeding unequal. --Bacon. [1913 Webster]

4. Strictly confined; carefully quarded; as, a close prisoner. [1913 Webster]

5. Out of the way observation; secluded; secret; hidden. ``He yet kept himself close because of Saul.'' --1 Chron. xii. 1 [1913 Webster]

``Her close intent.'' --Spenser. [1913 Webster]

6. Disposed to keep secrets; secretive; reticent. ``For secrecy, no lady closer.'' --Shak. [1913 Webster]

7. Having the parts near each other; dense; solid; compact; as applied to bodies; viscous; tenacious; not volatile, as applied to liquids. [1913 Webster]

The golden globe being put into a press, . . . the water made itself way through the pores of that very close metal. --Locke. [1913 Webster]

8. Concise; to the point; as, close reasoning. ``Where the original is close no version can reach it in the same compass.'' --Dryden. [1913 Webster]

9. Adjoining; near; either in space; time, or thought; -- often followed by to. [1913 Webster]

Plant the spring crocuses close to a wall. --Mortimer. [1913 Webster]

The thought of the Man of sorrows seemed a very close thing -- not a faint hearsay. --G. Eliot. [1913 Webster]

10. Short; as, to cut grass or hair close. [1913 Webster]

11. Intimate; familiar; confidential. [1913 Webster]

League with you I seek And mutual amity, so strait, so close, That I with you must dwell, or you with me. --Milton. [1913 Webster]

12. Nearly equal; almost evenly balanced; as, a close vote. ``A close contest.'' --Prescott. [1913 Webster]

13. Difficult to obtain; as, money is close. --Bartlett. [1913 Webster]

14. Parsimonious; stingy. ``A crusty old fellow, as close as a vise.'' --Hawthorne. [1913 Webster]

15. Adhering strictly to a standard or original; exact; strict; as, a close translation. --Locke. [1913 Webster]

16. Accurate; careful; precise; also, attentive; undeviating; strict; not wandering; as, a close observer. [1913 Webster]

17. (Phon.) Uttered with a relatively contracted opening of the mouth, as certain sounds of e and o in French, Italian, and German; -- opposed to open. [1913 Webster]

{Close borough}. See under {Borough}.

{Close breeding}. See under {Breeding}.

{Close communion}, communion in the Lord's supper, restricted to those who have received baptism by immersion.

{Close corporation}, a body or corporation which fills its own vacancies.

{Close fertilization}. (Bot.) See {Fertilization}.

{Close harmony} (Mus.), compact harmony, in which the tones composing each chord are not widely distributed over several octaves.

{Close time}, a fixed period during which killing game or catching certain fish is prohibited by law.

{Close vowel} (Pron.), a vowel which is pronounced with a diminished aperture of the lips, or with contraction of the cavity of the mouth.

{Close to the wind} (Naut.), directed as nearly to the point from which the wind blows as it is possible to sail; closehauled; -- said of a vessel. [1913 Webster]


The Collaborative International Dictionary of English. 2000.

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Look at other dictionaries:

  • close corporation — see corporation Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. close corporation …   Law dictionary

  • Close corporation — Corporation Cor po*ra tion (k[^o]r p[ o]*r[=a] sh[u^]n), n. [L. corporatio incarnation: cf. F. corporation corporation.] A body politic or corporate, formed and authorized by law to act as a single person, and endowed by law with the capacity of… …   The Collaborative International Dictionary of English

  • close corporation — [klōs] n. a corporation in which a few persons hold all of the stock, which is rarely or never placed on the market: also closed corporation …   English World dictionary

  • close corporation — noun a corporation owned by a few people; shares have no public market • Syn: ↑closed corporation, ↑private corporation, ↑privately held corporation • Hypernyms: ↑corporation, ↑corp • Hyponyms: ↑ …   Useful english dictionary

  • Close Corporation — Die Close Corporation, in manchen Staaten auch C Corporation genannt, ist eine spezielle Form der Aktiengesellschaft für kleine und mittlere Unternehmen und steht für: Close Corporation (Südafrika), die Form einer Gesellschaft in Südafrika. Close …   Deutsch Wikipedia

  • close corporation —    A corporation that is permitted by state law to operate more informally than most (e.g., making decisions without meetings of the board of directors) and that has a limited number of shareholders often family members rather than public… …   Business law dictionary

  • Close Corporation (Südafrika) — Eine Close Corporation (CC) ist eine in Südafrika existierende Unternehmensform. Sie wurde 1984 von der damaligen Regierung eingeführt, kleineren Unternehmen zu ermöglichen ein günstiges, beschränkt haftbares Unternehmen zu gründen, welche eine… …   Deutsch Wikipedia

  • Close Corporation Plan — A form of business buy sell agreement. Close Corporation Plans stipulate that the surviving partners must purchase all of the shares owned by the deceased partner or owner. The plan outlines the method of funding as well as the price at which the …   Investment dictionary

  • close corporation — A corporation in which the officers and directors have the power to fill vacancies in office without submitting the choice to the stockholders; another term for a family corporation, in which the most of the stock is held by members of one family …   Ballentine's law dictionary

  • close corporation — noun Date: circa 1902 a corporation whose stock is not publicly traded but held by a few persons (as those in management) …   New Collegiate Dictionary

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