Comparative law notes
Even though this term can be translated into Hungarian, the term does not exist in Hungarian Jurisdictions.
There are multiple definitions - click on the translation that matches your context.
- close company
- koncentrált részvényesi szerkezetű társaság
close company means:
close company
főnév
neolog
close company
noun
Definitions of close company
a corporation for which most of the voting stock is held by a small number of shareholders
Repco is a close company owned equally by three brothers who serve as officers and are actively involved in running the business.