Definition of Close corporation. Meaning of Close corporation. Synonyms of Close corporation
Here you will find one or more explanations in English for the word Close corporation. Also in the bottom left of the page several parts of wikipedia pages related to the word Close corporation and, of course, Close corporation synonyms and on the right images related to the word Close corporation.
Definition of Close corporation
Close corporationCorporation 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 succession; a society having the capacity of transacting
business as an individual.
Note: Corporations are aggregate or sole. Corporations
aggregate consist of two or more persons united in a
society, which is preserved by a succession of members,
either forever or till the corporation is dissolved by
the power that formed it, by the death of all its
members, by surrender of its charter or franchises, or
by forfeiture. Such corporations are the mayor and
aldermen of cities, the head and fellows of a college,
the dean and chapter of a cathedral church, the
stockholders of a bank or insurance company, etc. A
corporation sole consists of a single person, who is
made a body corporate and politic, in order to give him
some legal capacities, and especially that of
succession, which as a natural person he can not have.
Kings, bishops, deans, parsons, and vicars, are in
England sole corporations. A fee will not pass to a
corporation sole without the word ``successors' in the
grant. There are instances in the United States of a
minister of a parish seized of parsonage lands in the
right of his parish, being a corporation sole, as in
Massachusetts. Corporations are sometimes classified as
public and private; public being convertible with
municipal, and private corporations being all
corporations not municipal.
Close corporation. See under Close.
Meaning of Close corporation from wikipedia
- A privately
held company, private
company, or close corporation
is a corporation
that is not owned
by the government, non-governmental organizations
- A corporation
is an organization—usually a group
or a company—authorized by the state
to act as a single entity
(a legal entity recognized
- (UK), Corporation
(US/Can) S.A.S (Société Anonyme
Simplifiée): ≈ Unlisted Public Company
(Au), Close Corporation
(CC) (S. Africa), Private Corporation
- Close Enough
is an American adult animated sitcom created
by J. G. Quintel
for HBO Max. Originally, the series
for TBS in 2017, but was shelved...
from its employees, shareholders
(in the case of close corporations
), in that the connection between
them is, usually, a mere contract...
- An S corporation
, for United States federal income
tax, is a closely
(or, in some cases, a limited liability company
(LLC) or a partnership)...
- troubles forced
in the same year. Anti****ting the end of the company, Kawasaki founded Playmore Corporation
in 2001, which
- At Close Range
is a 1986 American
neo-noir crime drama
on the real life rural Pennsylvania crime family
led by Bruce...
- The British Broadcasting Corporation
(BBC) is a public service
at Broadcasting House
in Westminster, London. It is the world's...
(CQC) or close
(CQB) is a tactical concept
a physical confrontation between several combatants
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