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besloten

Besloten is a Dutch adjective meaning closed, shut, or private. It describes something that is not open to the public or is restricted in access. Common usages include een besloten kamer (a private room), een besloten vergadering (a private or closed meeting), and een besloten kring (a private circle). In legal and business language the term appears in the designation Besloten Vennootschap, abbreviated BV, the Dutch private limited company. In a BV, shares are privately held and transfer of shares is often restricted by the articles of association; there is no public market for shares. The opposite form is the Naamloze Vennootschap, NV, a public company.

Etymologically, the word is related to the verb sluiten (to close) and is formed with the prefix

Besloten is common in everyday Dutch as well as in formal documents, and it helps distinguish things

be-,
which
can
indicate
a
completed
or
intensified
action,
yielding
a
sense
of
"made
closed"
or
"not
open."
In
use,
besloten
contrasts
with
opened
or
open
terms
such
as
geopend
(opened)
or
openbaar
(public),
and
with
synonyms
like
privé,
geheim,
or
beperkt
in
access.
The
phrase
de
vergadering
is
besloten
is
used
to
indicate
that
outsiders
are
not
allowed
to
attend.
that
are
private
or
restricted
from
those
that
are
public
or
accessible.
Overall,
the
core
sense
is
privacy
and
restricted
access,
with
the
corporate
term
BV
being
the
best-known
specialized
usage.