corporate entity

corporate entity
The distinct status of a corporation which sets its existence apart from the status of its shareholders; its capacity to have a name of its own, to sue and be sued in its own name as well as the right to buy, sell, lease and mortgage its property in its own name

Black's law dictionary. . 1990.

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  • corporate entity — The status of a corporation distinct from its individual members or stockholders, who, for the purpose of the existence of the corporation are merged in the corporate identity. 18 Am J2d Corp § 13. See disregarding corporate entity …   Ballentine's law dictionary

  • corporate entity — The distinct status of a corporation which sets its existence apart from the status of its shareholders; its capacity to have a name of its own, to sue and be sued in its own name as well as the right to buy, sell, lease and mortgage its property …   Black's law dictionary

  • disregarding the corporate entity — See: piercing the veil Category: Business, LLCs & Corporations → LLCs, Corporations, Partnerships, etc. Nolo’s Plain English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009 …   Law dictionary

  • disregarding corporate entity — Treating a corporation and the individual or individuals owning all its stock as identical; graphically stated, piercing the veil of the corporate entity. Anno: 1 ALR 610; 34 ALR 597 …   Ballentine's law dictionary

  • piercing the veil of corporate entity — See disregarding corporate entity …   Ballentine's law dictionary

  • Corporate election — refers to a Christian soteriological view that understands Christian salvation to be based on God choosing in Christ a people whom he destines to be holy and blameless in his sight. [1] Put another way, Election is the corporate choice of the… …   Wikipedia

  • Corporate synergy — refers to a financial benefit that a corporation expects to realize when it merges with or acquires another corporation. Corporate synergy occurs when corporations interact congruently. This type of synergy is a nearly ubiquitous feature of a… …   Wikipedia

  • entity — en·ti·ty / en ti tē/ n pl ties: an organization (as a business or governmental unit) that has a legal identity which is separate from those of its members see also alter ego, instrumentality, juridical person …   Law dictionary

  • disregard of corporate entity — To treat a corporation as if it did not exist for tax or certain other liability purposes. In such event, each shareholder would account for an allocable share of all corporate transactions possessing tax or other liability consequences. See also …   Black's law dictionary

  • disregard of corporate entity — To treat a corporation as if it did not exist for tax or certain other liability purposes. In such event, each shareholder would account for an allocable share of all corporate transactions possessing tax or other liability consequences. See also …   Black's law dictionary

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