Definition of “family-controlled” - English Dictionary

Business

“family-controlled” in Business English

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family-controlledadjective

uk us also family-owned

used to describe a company in which most or all of its shares belong to members of a particular family:

The company, family-controlled until now, wants to go public and begin trading its shares on the stock market.

(Definition of “family-controlled” from the Cambridge Business English Dictionary © Cambridge University Press)