corporate
DefinitionPertaining to corporations. Corporations are 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. This form of business is characterized by the limited liability of its owners, the issuance of shares of easily transferable stock, and existence as a going concern. The process of becoming a corporation, called incorporation, gives the company separate legal standing from its owners and protects those owners from being personally liable in the event that the company is sued (a condition known as limited liability). Incorporation also provides companies with a more flexible way to manage their ownership structure. In addition, there are different tax implications for corporations, although these can be both advantageous and disadvantageous. In these respects, corporations differ from sole proprietorships and limited partnership.
This content can be found on the following page:
corporate is ...
... part of the Business subject.
... part of the Business subject.
Related Terms
automatic stabilizers, Board of Directors, brought over the wall, Chairman of the Board, cookie jar accounting, corporate bond, corporate stock, credit history, delayed opening, Depository Trust Company and
corporate appears in these other terms
corporate charter, corporate venture capital, Corporate Financing Committee, corporate repurchase, corporate trust, corporate tax, small corporate offering registration, corporate bond equivalent, corporate credit, Division of Corporate Finance and
corporate appears in the definitions of these other terms on BusinessDictionary.com
Loading...
Featured Sponsor
| |







