Dictionary of Law
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company :: legal definition


Company - n. any formal business entity for profit, which may be a corporation, a partnership, association or individual proprietorship. Often people think the term "company" means the business is incorporated, but that is not true. In fact, a corporation usually must use some term in its name such as "corporation," "incorporated," "corp." or "inc." to show it is a corporation.

See also: business and Related Law Terms ↓


Related Law Terms

articles of incorporation :: n. the basic charter of a corporation which spells ... year's taxes. See also: corporation
bond :: n. 1) written evidence of debt issued by a company ... good up to the amount of the bond.
corporation :: n. an organization formed with state governmental ... ation public corporation securities
doing business :: v. carrying on the normal activities of a corporat ... oration operating within the state.
foreign corporation :: n. a corporation which is incorporated under the l ... tate or Whoopee's designated agent.
franchise :: 1) n. a right granted by the government to a perso ... on property, income or profits tax.
holding company :: n. a company, usually a corporation, which is crea ... gement and policies of all of them.
incorporate :: v. 1) to obtain an official charter or articles of ... te by reference incorporation stock
leasehold :: n. the real estate which is the subject of a lease ... sehold. See also: condominium lease
limited partnership :: n. a special type of partnership which is very com ... mited liability partner partnership
merger :: n. 1) in corporate law, the joining together of tw ... and taking one, and wife the other.
non-profit corporation :: n. an organization incorporated under state laws a ... harity corporation cy pres doctrine
officer :: n. 1) a high-level management official of a corpor ... deputy sheriff or federal marshal.
offshore corporation :: n. a corporation chartered under the laws of a cou ... nds in accounts out of the country.
ostensible agent :: n. a person who has been given the appearance of b ... rent authority ostensible authority
reorganization :: n. the implementation of a business plan to restru ... also: bankruptcy corporation merger
secondary boycott :: n. an organized refusal to purchase the products o ... state laws and, thus, are illegal.
securities :: n. generic term for shares of stock, bonds and deb ... ee also: bond debenture share stock
stock certificate :: n. printed document which states the name, incorpo ... . See also: corporation share stock
subchapter S corporation :: n. the choice by a small corporation to be treated ... ing attorney. See also: corporation
white collar crime :: n. a generic term for crimes involving commercial ... committed by "blue collar" workers.

Popular Law Searches

legal definition ministerial act :: n. an act, particularly of a governmental employee ... exercising any individual judgment.
chancery legal definition :: n. a court that can order acts performed. Today ch ... ts in most states. See also: equity
testamentary disposition legal definition :: n. how the terms of a will divide the testator's ( ... named beneficiaries. See also: will
contract of sufferance :: n. a "hold-over" tenancy after a lease has expired ... y tenancy at will unlawful detainer
forthwith legal definition :: adv. a term found in contracts, court orders and s ... mediacy, with no excuses for delay.
forthwith definition legal :: adv. a term found in contracts, court orders and s ... mediacy, with no excuses for delay.
what is to wit in a legal contract :: prep. that is to say. Example: "the passengers in ... tty Bumgartner and Sherry Younger."
mirror wills legal definition :: n. the wills of a husband and wife which are ident ... d each names the other as executor.
clean hands doctrine latin :: n. a rule of law that a person coming to court wit ... ices. See also: affirmative defense
sine qua non only relates to contract law :: (see-nay kwah nahn) prep. Latin for "without which ... qua non of the injury to Playmate.

Other Law Terms - C

C.I.F. :: n. the total of cost, insurance and freight charge ... aid on goods purchased and shipped.
calendar :: 1) n. the list of cases to be called for trial bef ... clerk of the court calendars cases.
calendar call :: n. the hearing at which a case is set for trial. ... g at which a case is set for trial.
call :: n. the demand by a corporation that a stockholder ... assessment on shares already owned.
calumny :: n. the intentional and generally vicious false acc ... 's reputation. See also: defamation
cancel :: v. to cross out, annul, destroy, void and/or resci ... g, so that it cannot be used again.
cancellation :: cancel ... cancel
caning :: n. a punishment for crimes employed in certain Asi ... last century in the United States.
canon law :: n. laws and regulations over ecclesiastical (churc ... nduct with no religious connection.
cap :: n. slang for maximum, as the most interest that ca ... "adjustable rate" promissory note.
capital :: 1) n. from Latin for caput, meaning "head," the ba ... count capital assets stock in trade
capital account :: n. the record which lists all basic assets of a bu ... or the alleged value of good will.
capital assets :: n. equipment, property, and funds owned by a busin ... . See also: capital capital account
capital expenditure :: n. payment by a business for basic assets such as ... y intended to improve productivity.
capital gains :: n. the difference between the sales price and the ... so: basis delayed exchange exchange
capital investment :: capital expenditure ... capital expenditure
capital offense :: n. any criminal charge which is punishable by the ... . See also: bail capital punishment
capital punishment :: n. execution (death) for a capital offense. The U. ... or death. See also: capital offense
capital stock :: n. the original amount paid by investors into a co ... price. See also: corporation stock
capitalization :: n. 1) the act of counting anticipated earnings and ... for conversion into capital assets.