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InvestHub.com's
Finance Dictionary and Glossary of Investment Terms

Closely held  

Definition 1.

A corporation whose voting stock is owned by only a few shareholders.
 

Definition 2.

A corporation for which most of the voting stock is held by a small number of shareholders, but which is still publicly traded. These shares are generally not available to the public, and given the fact that there are few shareholders, the shares are usually very thinly traded.
 
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