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com·pa·ny n pl -nies: an association of persons for carrying on a commercial or industrial enterprise compare corporation, partnershipfinance company: a company that makes usu. small short-term loans to individualsgrowth company: a company that grows at a greater rate than the economy as a whole and that usu. directs a relatively high proportion of income back into the businessholding company: a company whose sole function is to own and control other companiesinvestment company: a company that earns income solely or primarily by holding and investing in securities issued by other companies or by government agenciesjoint–stock company: a business organization whose capital is represented by shares owned by stockholders each of whom is personally liable for the company's debtslimited liability company: an unincorporated company formed under applicable state statute whose members cannot be held liable for the acts, debts, or obligations of the company and that may elect to be taxed as a partnershipmu·tu·al company: an insurance company whose capital is owned by its policyholderssurety company: a company that provides surety bonds for a feetrust company: a company and often a commercial bank acting as trustee for individuals and businesses and providing related financial or estate planning services
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
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I
(assemblage) noun
aggregation, assembled body, assemblee, assembly, attroupement, caucas, coalition, conclave, conference, confluence, conflux, congregation, congress, convention, convergence, convocation, crowd, gathering, group, ingathering, league, meeting, mustering, societas
II
(enterprise) noun
association, body corporate, business, business establishment, coetus, combination, commercial enterprise, concern, confederacy, consociation, copartnership, corporate body, corporation, establishment, federation, firm, grex, guild, institute, joint concern, organization, partnership
associated concepts: affiliated company, company union, construction company, corporation, holding company
III
index
assemblage, assembly, association (alliance), body (collection), business (commercial enterprise), collection (assembly), concern (business establishment), corporation, enterprise (economic organization), firm, house, organization (association), personnel, syndicate
Burton's Legal Thesaurus. William C. Burton. 2006
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A company is a separate legal entity governed by the Companies Acts, which conducts activities on its own behalf and is distinct from the persons who own and control it. The proprietors control the company but their liability in relation to the company is limited. Incorporation is the process by which the company is entered on the register at Companies Registry and thereby comes into existence as a separate legal person. A Certificate of Incorporation will be sent to the company by Companies Registry on first incorporation and on any change of name.
Easyform Glossary of Law Terms. — UK law terms.
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n.A group or association of people with the purpose of running a business or commercial enterprise; a business.
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
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an association of persons formed for the purpose of some business or undertaking, which has a legal personality separate from that of its members. A company may be formed by charter, by special Act of Parliament or by registration under the Companies Acts. The liability of members is usually (but not always) limited by the charter, Act of Parliament or memorandum of association. A company may be a public limited company (PLC or plc), in which event its shares may be transferred freely among, and owned by, members of the public. All limited liability companies that are not public limited companies are private companies, denoted by the term Ltd. While companies are owned by their members (i.e. shareholders), they are managed by a board of directors. Historically, the duties owned by the board are fiduciary in nature and owed to the company rather than the shareholders. Companies are the major instrument for economic and financial growth and development in the Western world. A company may be limited by shares or, in the case of a private company, by guarantee. Since the Companies Act 1980, it is no longer possible to create a company limited by guarantee and having a share capital in the UK. A company limited by guarantee is a company that has the liability of its members limited by the memorandum of association to such an amount as the members may undertake to contribute to the assets of the company upon its being wound up.A company limited by share is a company having the liability of its members limited by the memorandum of association to the amount, if any, unpaid on the shares respectively held by them.
Collins dictionary of law. W. J. Stewart. 2001.
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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.Category: Business, LLCs & Corporations → Business Name, Location & LicensesCategory: Business, LLCs & Corporations → LLCs, Corporations, Partnerships, etc.
Nolo’s Plain-English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009.
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n. A group of individuals, such as an association, corporation, partnership, or union, associated for the purpose of carrying out, maintaining, or performing a commercial or industrial enterprise.@ holding companyA company, usually a corporation, organized to influence or control other companies by such means as owning large amounts of stock in other corporations.See also company.@ joint stock companyAn unincorporated company whose owners pool capital into a common fund in exchange for a number of shares proportionate to their respective investments. However, unlike a partnership, the shares can be transferred without the express consent of the other owners and, unlike a corporation, the owners are personally liable to the company's creditors if the company cannot pay its bills.See also company.@ limited companyA company, usually a corporation, in which the investor or shareholder's liability is limited to the amount invested or the value of the person's share.=>> company.@ limited liability companylimited liability company (LLC). An entity that blends features of a corporation and a partnership, but is neither; owners are called "members" and may consist of one or more individuals, corporations, or even other LLCs. Members have some of the same protection as stockholders in a corporation, especially, no personal liability.=>> company.@ parent companyA corporation that owns more than half of the voting stock of another corporation. Also called parent corporation.See also affiliate, company, corporation, subsidiary.@ personal holding companyA holding company, usually with a limited number of shareholders and with over half of its income coming from such passive sources as capital gains, dividends, interest, rent, and royalties. The income is subject to a special tax in order to prevent individuals from avoiding income taxes by placing their assets in such corporations.=>> company.@ trust companyA company, usually incorporated, that provides trust services, such as administering trusts and managing funds and property held in trust. Trust companies sometimes operate as commercial banks as well.A financial organization that specializes in providing services such as acting as a trustee, fiduciary, or agent for individuals and companies. Trust companies typically provide transfer agents to administer funds and manage investments. Trust companies are regulated by the government and often provide banking services.=>> company.@
Webster's New World Law Dictionary. Susan Ellis Wild. 2000.
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An organization of individuals conducting a commercial or industrial enterprise. A corporation, partnership, association, or joint stock company.
Dictionary from West's Encyclopedia of American Law. 2005.
- company
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An organization of individuals conducting a commercial or industrial enterprise. A corporation, partnership, association, or joint stock company.
Short Dictionary of (mostly American) Legal Terms and Abbreviations.
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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
Law dictionary. EdwART. 2013.
