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Family business   /fˈæməli bˈɪznəs/   Listen
Family business

noun
1.
A corporation that is entirely owned by the members of a single family.





WordNet 3.0 © 2010 Princeton University


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"Family business" Quotes from Famous Books



... facto effect. As for his individual predilection in the matter, nature has considerately conformed to custom by giving him none. He becomes a cabinet-maker, for instance, because his ancestors always have been cabinet-makers. He inherits the family business as a necessary part of the family name. He is born to his trade, not naturally selected because of his fitness for it. But he usually is amply qualified for the position, for generations of practice, if only on one side of the house, accumulate a vast deal of technical skill. ...
— The Soul of the Far East • Percival Lowell
... and her son were so hopeful now of Hortense's complete recovery that they ventured to leave home for a week or ten days to attend to some family business that had been delayed on account of her serious illness, but it was with many a parting injunction, regarding the care and attention that should be unceasingly bestowed upon her darling during her enforced absence, that the solicitous mother left me ...
— The Doctor's Daughter • "Vera"


Words linked to "Family business" :   private corporation, close corporation, closed corporation, privately held corporation


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