English Dictionary |
FAMILY BUSINESS
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Dictionary entry overview: What does family business mean?
• FAMILY BUSINESS (noun)
The noun FAMILY BUSINESS has 1 sense:
1. a corporation that is entirely owned by the members of a single family
Familiarity information: FAMILY BUSINESS used as a noun is very rare.
Dictionary entry details
Sense 1
Meaning:
A corporation that is entirely owned by the members of a single family
Classified under:
Nouns denoting groupings of people or objects
Hypernyms ("family business" is a kind of...):
close corporation; closed corporation; private corporation; privately held corporation (a corporation owned by a few people; shares have no public market)
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"The ass went seeking for horns and lost his ears." (Arabic proverb)
"May problems with neighbors last only as long as snow in March." (Corsican proverb)