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closed shop a factory or business that agrees, through a contract with a labor union, to employ only members of that union. [2 definitions]
closed-captioned of a television program, having captions that can be seen only on a special receiver, usu. intended for those with hearing impairment.
closed-end investment company an investment company that issues a fixed number of shares in large blocks, at infrequent intervals, which are traded on an exchange.