A thing that exists in its own right. The law recognizes corporations and people as entities with rights and legal obligations.

Use entity in a sentence

The entity that is responsible for distributing funds in the debtors bankruptcy case is the bankruptcy trustee whom we can contact.

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You must treat your LLC as a completely separate entity from yourself if you expect to have all the liability protections of your state.

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After completing the appropriate paperwork, they finally became a legal entity and were able to focus on important business tasks.

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agency bond prepaid insurance