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Corporation definition, an association of individuals, created by law or under authority of law, having a continuous existence independent of the existences of its members, and powers and liabilities distinct from those of its members. The word “bayou,” originally bayuk, came from which Native American tribe near Mississippi, Alabama, and Louisiana in the Southeastern US? InvestorWords.com - Online Investing Glossary, The Difference Between an S Corporation and an LLC, The Difference Between a C Corporation and an S Corporation, Federal Agricultural Mortgage Corporation. The Business Limit relates to income tax deductions available to Canadian corporations when filing Canadian corporate tax with the Canada Revenue Agency (CRA).The Business Limit is a set dollar amount that defines a cap on the amount of Small Business Deduction (SBD) a Canadian corporation … The New Dictionary of Cultural Literacy, Third Edition â. Get the USLegal Last Will Combo Legacy Package and protect your family today! Harvey, were presented with colours by the Mayor and Corporation.
When a corporation is doing the very things it was organized to do, and it is not a charitable, benevolent, or social corporation, it is a business corporation within the meaning of the state and Federal franchise tax statutes.
NO
The usual British term is public limited company.
The shareholders are the investors and people who actually own the company. â Definition of public corporation: A company whose shares are publicly traded and are usually held by a large number (hundreds or thousands) of shareholders. © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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Business corporation is also known as commercial corporation. YES In other words, it’s a business that is a separate legal entity from its shareholders. The episode also includes discussion on the hard choices Bergh made around layoffs, a look into the ambitious diversity and inclusion plan he published in June, and leading a multinational corporation through the uncertainty of a pandemic.
All relate to Corporation accounts and to the financial affairs of the borough. The rebel did not want to work for the corporation because he felt it represented everything that was wrong with the state and government. Was this Helpful? Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Reproduction of all or part of this glossary, in any format, without the written consent of WebFinance, Inc. is prohibited. Convenient, Affordable Legal Help - Because We Care! “Theory” vs. “Hypothesis”: What Is The Difference? corporation: The most common form of business organization, and one which is chartered by a state and given many legal rights as an entity separate from its owners. Definition: To legally form a corporation . Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020, Collins English Dictionary - Complete & Unabridged 2012 Digital Edition Its profits cannot be divided until the managing agents of the corporation so decree. 6 people found this helpful.
Find out with this quiz on words that originate from American Indigenous languages. with $1 billion bet, Why a year later, the Business Roundtable’s updated statement of purpose is more relevant than ever, Kim Jong Un, Avert Your Eyes: Sony’s ‘The Interview’ Gets the Porn Parody Treatment, Murdoch on the Rocks: How a Lone Reporter Revealed the Mogul's Tabloid Terror Machine, Cyclopedia of Commerce, Accountancy, Business Administration, v. 3. any group of persons united or regarded as united in one body. Actuarial Documents [Federal Crop Insurance Corporation], Actuarially Appropriate [Federal Crop Insurance Corporation], Amended and Restated Articles of Incorporation, American Municipal Bond Assurance Corporation. Published by Houghton Mifflin Harcourt Publishing Company. n. an organization formed with state governmental approval to act as an artificial person to carry on business (or other activities), which can sue or be sued, and (unless it is non-profit) can issue shares of stock to raise funds with which to start a business or increase its capital. YES The basic corporate structure consists of the shareholders, board of directors, and officers. Over the same period, seismic improvements in shipping and technology made it possible for corporations to rely on networks of suppliers that stretch across the planet. â. YES Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012. Therefore, he was not what is commonly called a corporation lawyer. Copyright © 2020 by WebFinance, Inc. ALL RIGHTS RESERVED. “Epidemic” vs. “Pandemic” vs. “Endemic”: What Do These Terms Mean? A business registered within a particular state that issues transferable stock, limits the liability of the stockholders, and continues to do business is a corporation. the group of principal officials of a borough or other municipal division in England. 2d 727, 729-730 (Cal. Was this Helpful? Dictionary.com Unabridged The remaining funds, worth $300 million, are set to be supplied by partnering corporations such as IBM, Microsoft, Intel, and others.
A corporation has the ability to raise capital by selling stock to the public. 10 Types Of Nouns Used In The English Language, How Words For Tastes Became Words For Traits. A 1907 contract leases the plot of land to the Belgika corporation for five years, but it stayed for much longer. See more. Wondering how American your vocabulary really is? NO The QC Group Inc A Minnesota-based corporation, owned by Daniel Medford and David DeVowe, which provides quality control services. The corporation is a desirable organization for a business entity for a variety of reasons including the increased capability such an entity has to raise capital. [Union Oil Associates v. Johnson, 2 Cal. Last August, nearly 200 of the world’s top business executives announced a new purpose for their corporations. How to use corporation in a sentence. an association of individuals, created by law or under authority of law, having a continuous existence independent of the existences of its members, and powers and liabilities distinct from those of its members.
â The Pakistan military controls vast swaths of the country’s economy through military-linked corporations, such as the Fauji Foundation, one of the country’s largest conglomerates with interests ranging from cement to cereals. a group of people authorized by law to act as a legal personality and having its own powers, duties, and liabilities, the municipal authorities of a city or town, Levi’s CEO on why it’s important to take a stand as a business leader, Pakistan’s Military Plots Takeover of Marquee China Project, U.S. vies for leadership in quantum and A.I. Absentee Ballot vs. Mail-In Ballot: Is There A Difference? A corporate structure is perhaps the most advantageous way to start a business because the corporation exists as a separate entity.
Corporation definition is - a group of merchants or traders united in a trade guild. All rights reserved.
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