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closed season
closed set
closed shop
closed stance
closed universe
closedown
closely
closely held corporation
closely held shares
closemouthed
closeout
closer
closestool
closet
closet drama
closing
closing agent
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closely held shares
close·ly held shares


plural noun 
Definition:
 
shares held by company insiders: shares that are held by people who have a relationship with the company, e.g. its founders, and that are not available for purchase on the open market
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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