closed corporation

NOUN /kloʊzd_,kɔrpə'reɪʃən/
18 LETTERS · 4 SYLLABLES · STARTS WITH C

closed corporation is a valid 18-letter word worth 24 points in Scrabble and 29 points in Words with Friends.

SCRABBLE WORDS WITH FRIENDS
C3L1O1S1E1D2C3O1R1P3O1R1A1T1I1O1N1
3 + 1 + 1 + 1 + 1 + 2 + 0 + 3 + 1 + 1 + 3 + 1 + 1 + 1 + 1 + 1 + 1 + 1 =24 PTS
DOUBLE WORD → 48TRIPLE WORD → 72
MEANING

What does closed corporation mean?

NOUN · 1 SENSE
1

A corporation owned by a few people; shares have no public market.