Corporation definition for kids
WebA corporation is a union of natural persons that has its own legal status. This status is independent from the persons involved. Because it is recognized by governments as a … WebThe Reconstruction Finance Corporation (RFC), which Hoover approved in January 1932, was designed to promote confidence in business. As a federal agency, the RFC loaned public money directly to...
Corporation definition for kids
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WebDefinition of organization. Best online English dictionaries for children, with kid-friendly definitions, images, and animations. Spanish and Chinese language support available WebIn reality, a corporation has a very particular legal meaning: it's a company that registers with a state government such that it has the same rights and responsibilities as a person. Know the word corpse? It means a dead body, and comes from the Latin corpus, "body."
WebMar 26, 2016 · Corporations are a special type of organization wherein the people who have ownership can transfer their shares of ownership to other individuals without … Web: a corporation whose shares are held by a small number of individuals (as management) and not publicly traded specifically : small business corporation in this entry called also closely held corporation compare public corporation in this entry — foreign corporation
WebOct 15, 2024 · An S corporation is a common business structure that can have up to 100 owners or shareholders who must be residents of the United States. Learn more about the definition and requirements for... WebDec 7, 2024 · The corporation definition is a legal form of business that protects its owners from losses greater than what is individually invested in the firm. A great deal of paperwork is necessary to...
WebSep 25, 2024 · A corporation is a business organization that is considered a separate entity from its owners, who are called shareholders. Tom and Tim will form a corporation by filing articles of...
WebJan 30, 2024 · Technically under the IRS’s 501 (c) code, there are two main types of nonprofits: nonprofit organization (NPO) and not-for-profit organization (NFPO). NPO’s … alienware apparelWebnoun. definition: a group of people allowed by law to do certain things as if they were one person. My brother and I formed a corporation and bought a bank in Nevada. similar … alienware alpha i7 consoleWebAug 8, 2024 · A corporation is an institution that is granted a charter recognizing it as a separate legal entity having its own privileges, and liabilities distinct from those of … alienware app storeWebNov 18, 2024 · Definition An S corporation (S corp) is a type of business structure that provides business owners with the ability to be treated generally as a corporation while … alienware aurora r7 no postWebA really close family gives each of its members a strong sense of belonging. When you belong, you are an official part of a group ("She belongs to the French club") or you're compatible with certain people or suited to a specific place ("I just belong in nature"). alienware aurora r13 no soundWebnoun. definition: a group of people allowed by law to do certain things as if they were one person. My brother and I formed a corporation and bought a bank in Nevada. similar words: agency, association, combine, company. related words: business, confederacy, enterprise, firm, guild, organization. alienware alpha video cardWebJan 5, 2024 · Definition of a Corporation. In general, a corporation is formed under state law by the filing of articles of incorporation with the state. The state must generally date-stamp the articles before they are effective. You may wish to consult the law of the state in which the organization is incorporated. Note that for a corporation to qualify ... alienware aurora r7 signature edition