corporation de facto
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corporation — cor·po·ra·tion /ˌkȯr pə rā shən/ n [Late Latin corporatio, from Latin corporare to form into a body, from corpor corpus body]: an invisible, intangible, artificial creation of the law existing as a voluntary chartered association of individuals… … Law dictionary
municipal corporation de facto — The kind of municipal corporation which results when the people of a city, town or village have attempted to incorporate themselves under a statute which authorized such action, and have actually used and exercised the franchise of a municipal… … Ballentine's law dictionary
Corporation — A legal person that is separate and distinct from its owners. A corporation is allowed to own assets, incur liabilities, and sell securities, among other things. The New York Times Financial Glossary * * * corporation cor‧po‧ra‧tion… … Financial and business terms
corporation — A legal entity that is separate and distinct from its owners. A corporation is allowed to own assets, incur liabilities ( liability), and sell securities, among other things. Bloomberg Financial Dictionary An entity created by or under the… … Financial and business terms
corporation — An artificial person or legal entity created by or under the authority of the laws of a state. An association of persons created by statute as a legal entity. The law treats the corporation itself as a person which can sue and be sued. The… … Black's law dictionary
corporation — An artificial person or legal entity created by or under the authority of the laws of a state. An association of persons created by statute as a legal entity. The law treats the corporation itself as a person which can sue and be sued. The… … Black's law dictionary
Corporation — • An association recognized by civil law and regarded in all ordinary transactions as an individual. An artificial person Catholic Encyclopedia. Kevin Knight. 2006. Corporation Corporation … Catholic encyclopedia
Corporation — This article is about business corporations. For other uses, see Corporation (disambiguation). Corporate redirects here. For the Bollywood film, see Corporate (film). A corporation is created under the laws of a state as a separate legal entity… … Wikipedia
corporation — An artificial being, invisible, intangible, and existing only in contemplation of law; an association of persons to whom the sovereign has offered a franchise to become an artificial juridical person, with a name of its own, under which they can… … Ballentine's law dictionary
de facto corporation — ➔ corporation * * * de facto corporation UK US noun [C] ► in the US, a corporation that is allowed to continue to exist, although it has not been officially made a corporation by law: »The court found that, when a person buys stock of a de facto… … Financial and business terms
