For Corporation we have terms and definitions in 16 topics. The topics are Accounting, Accounting Terms, Business, Canadian Law, Finance, Frauds and Scams, Health Insurance, International Business, Non Profit, Regulations, Non-Profit Accountability, Non-Profit Governance, Non-Profit Leadership, Political, Real Estate, Restaurant and Tax.

Corporation (Accounting)

Form of doing business pursuant to a charter granted by a state or federal government. Corporations typically are characterized by the issuance of freely transferable CAPITAL STOCK, perpetual life, centralized management, and limitation of owners' LIABILITY to the amount they invest in the business.

Corporation (Accounting Terms)

Form of doing business pursuant to a charter granted by a state or federal government. Corporations typically are characterized by the issuance of freely transferable CAPITAL STOCK, perpetual life, centralized management, and limitation of owners' LIABILITY to the amount they invest in the business.

Corporation (Business)

A voluntary organization of persons, either actual indi­viduals or legal entities, legally bound together to form a business enter­prise; an artificial legal entity created by government grant and treated by law as an individual entity.

Corporation (Canadian Law)

A legal entity, allowed by legislation, which permits a group of people, as shareholders (for-profit companies) or members (non-profit companies), to create an organization, which can then focus on pursuing set objectives, and empowered with legal rights which are usually only reserved for individuals, such as to sue and be sued, own property, hire employees or loan and borrow money. Also known as a "company." The primary advantage of for profit corporations is that it provides its shareholders with a right to participate in the profits (by dividends) without any personal liability because the company absorbs the entire liability of the organization.

Corporation (Finance)

A legal entity that is separate and distinct from its owners. A corporation is allowed to own assets, incur liabilities, and sell securities, among other things.

Corporation (Frauds and Scams)

A legal entity chartered by a state or the federal government and is separate and distinct from the persons who own it. A corporation is considered an artificial person--it may own property, incur debts, sue or be sued. Some distinguishing features of corporations are: * Ownership is held by stockholders who have limited liability--that is, they can only lose what they invest. * Transfer of ownership is accomplished through the sale of stock shares. * Perpetual existence (unless ended through bankruptcy, a merger, tender or takeover).

Corporation (Health Insurance)

An organization that is recognized by the authority of a governmental unit as a legal entity separate from its owners.

Corporation (International Business)

Form of business organization that is created as a distinct "legal person" composed of one or more actual individuals or legal entities. Primary advantages of a corporation include limited liability, ease of ownership, transfer, and perpetual succession.

Corporation (Non Profit, Regulations)

A form of legal entity created under state law. This entity is treated much like an individual under law, and therefore the term "person" in law usually means both individuals and corporations. Corporations are governed by their Articles of Incorporation and Bylaws.

Corporation (Non-Profit Accountability)

An entity chartered by a state to act as a single enterprise with certain legal rights whose owners remain separate and assume limited liability. See also:Incorporate

Corporation (Non-Profit Governance)

An entity chartered by a state to act as a single enterprise with certain legal rights whose owners remain separate and assume limited liability. See also:Incorporate

Corporation (Non-Profit Leadership)

An entity chartered by a state to act as a single enterprise with certain legal rights whose owners remain separate and assume limited liability. See also:Incorporate

Corporation (Political)

An organization of people bound together to form a business enterprise or any other stated function. A quarter of U.S. business firms are corporations, but over three-quarters of all sales are through corporations. Ownership shares of a corporation are sold to buyers, but shareholders do not get much direct say in how the corporation is run. Another distinguishing characteristic of a corporation is the principle of limited liability, under which owners of corporations are not liable for debts of the firm.

Corporation (Real Estate)

An entity or organization, created by operation of law, whose rights of doing business are essentially the same as those of an individual. The entity has continuous existence until it is dissolved according to legal procedures.

Corporation (Restaurant)

A legal entity that exists separately from the owners. Legally, a corporation is like a person: It can be sued, own property, or acquire debts. Setting up a corporation is expensive initially, but is usually well worth it if you are going to be in business for a while. Corporations come in many forms and many times offer better tax advantages and liability reduction than other legal structures.

Corporation (Tax)

Legal entity formed under the authority of either provincial or federal statues usually formed to make a profit. Liabilities of shareholders (owners) are generally limited to the amount of their investment. The name of a corporation ends with Limited, Ltd., incorporated, Inc., Corporation or Corp.

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