{"iri":"http://lmss.sali.org/RCbUubd1JjGvtMVS3kxGZxR","id":"RCbUubd1JjGvtMVS3kxGZxR","label":"Closely Held Company","definition":"A closely held company is a business entity in which a small group of shareholders controls the majority of shares. Typically, these shareholders are family members or close associates, and the company's shares are not publicly traded.","prefLabels":["Closely Held Enterprise","Family Wealth Entity"],"altLabels":["Family-Owned Business"],"examples":[],"notes":[],"sources":[],"branch":{"iri":"http://lmss.sali.org/R7L5eLIzH0CpOUE74uJvSjL","label":"Legal Entity"},"parents":[{"iri":"http://lmss.sali.org/RCua1MtzwNcjfYov8VFcoV3","id":"RCua1MtzwNcjfYov8VFcoV3","label":"Business Entity Characteristics"}],"children":[],"relations":[],"url":"https://lmss.io/tag/RCbUubd1JjGvtMVS3kxGZxR/","source":{"repo":"sali-legal/LMSS","ref":"3f9ac0c9357b2a971582ae79ede243511d47811d","channel":"pre-release"}}