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corporation vs close corporation

close corporation vs corporation

corporation and close corporation both are nouns.

Word NounAdjectiveVerbAdverb
corporation Yes No No No
close corporation Yes No No No
As nouns, close corporation is a hyponym of corporation; that is, close corporation is a word with a more specific, narrower meaning than corporation:
  • corporation: a business firm whose articles of incorporation have been approved in some state
  • close corporation: a corporation owned by a few people; shares have no public market
corporation (noun) close corporation (noun)
slang for a paunch a corporation owned by a few people; shares have no public market
a business firm whose articles of incorporation have been approved in some state
Difference between corporation and close corporation

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