A corporation in which the shares are held by one shareholder or a small group of shareholders and the stock is not actively traded is a:

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A close corporation, also known as a closely held corporation, is a corporation in which the shares are held by one shareholder or a small group of shareholders and the stock is not actively traded. This type of corporation often has fewer shareholders than a publicly traded company and may be exempt from certain regulations required of larger, publicly traded companies.

A Corporation in Which the Shares Are Held by One