CLOSELY HELD Definition

Bookmark and Share

CLOSELY HELD is a description of a corporation whose voting stock is owned by a very small number of shareholders.

Learn new Accounting Terms

ACTIVITY RATIO is any accounting ratio that measures a firms ability to convert different accounts within their balance sheets into cash or sales.

ORDINARY INCOME is the income derived from the regular operating activities of a business or individual, but exclusive of capital gains. Net income from a business, along with personal wages, interest, and dividends are examples of ordinary income.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.