Legal Definition and Related Resources of Firm

Meaning of Firm

The style or title under which one or more persons carry on business .The partnership itself, that is, the individual members forming the partnership. Although, commercially, a firm is treated as though it is a separate legal entity, strictly, it is not. For the sake of convenience, rules of practice may permit a firm to sue or to be sued in its firm name.

Financial Definition of Firm

Refers to an order to buy or sell that can be executed without confirmation for some fixed period. Also, a synonym for company.

Synonyms of Firm

adjective

anchored
balanced
confirmed
durable
established
fast
fastened
Jirmus
fixed
immobile
immodle
immovable
indissoluble
inflexible
irremovable
moored
motionless
rigid
rooted
secure
secured
securely fixed
set
settled
solid
solidus
sound
stabilis
stable
stanch
stationary
steadfast
steady
stout
strong
sturdy
substantial
taut
unalterable
unbending
unmovable
unmoving
unyielding Associated Concepts: firm offer

noun

association
bureau
business
business establishment
business house
commercial enterprise
commercial house
company
concern
enterprise
establishment
holding company
house
industry
institution
joint concern
office
organization
partnership Associated Concepts: corporation
law firm
professional corporation

Related Entries of Firm in the Encyclopedia of Law Project

Browse or run a search for Firm in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.

Firm in Historical Law

You might be interested in the historical meaning of this term. Browse or search for Firm in Historical Law in the Encyclopedia of Law.

Legal Abbreviations and Acronyms

Search for legal acronyms and/or abbreviations containing Firm in the Legal Abbreviations and Acronyms Dictionary.

Related Legal Terms

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Firm Definition (in the Accounting Vocabulary)

The New York State Society of Certified Public Accountants offers the following definition of Firm in a way that is easy for anybody to understand: A business partnership, especially when it is unincorporated.

Grammar

This term is an adjetive.

Etimology of Firm

(You may find firm at the world legal encyclopedia and the etimology of more terms).

late 14c., ferm, “strong, steady” (of things), “permanent, enduring” (of agreements), “steadfast, steady” (of persons), “sound, well-founded” (of arguments), from Old French ferm “strong, vigorous; healthy, sound; steadfast, loyal, faithful” (12c.), from Latin firmus “strong, steadfast, enduring, stable,” figuratively “constant, steadfast, trusty, faithful,” from PIE root *dher- (2) “to hold, support” (source also of Sanskrit dharmah “custom, law,” Greek thronos “seat,” Lithuanian dirzmas “strong,” Welsh dir “hard,” Breton dir “steel”). The spelling return to -i- in late 1500s was modeled on Latin. Related: Firmly; firmness.

Firm