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Legal Definition and Related Resources of Company

Meaning of Company

An association of persons formed for the purpose of some business or undertaking carried on in the name of the association and which association has been made a legal entity by the grant of a charter or incorporating document pursuant to the statutes in that behalf. Distinguished from a partnership in that the liability of a shareholder in the company is limited to the extent of the amount of his subscription for his share whereas ordinarily a partner’s liability is not so limited. A company can also be formed by a special act of the legislature. Companies may be divided into two categories, namely , those that offer their shares to the public at large and those that do not. Further, companies can also be divided into those that have a share capital and those that do not. All companies incorporated for the purpose of gain have share capital, whereas those incorporated for religious or charitable purposes do not.

Company Alternative Definition

An association of a number of individuals for the purpose of carrying on some legitimate business. This term is not synonymous with “partnership,” though every such unincorporated company is a partnership. Usage has reserved the term to associations whose members are in greater number, their- capital more considerable, and their enterprises greater, either on account of their risk or importance. When these companies are authorized by the government, they are known by the name of “corporations.” Sometimes the word is used to represent those members of a partnership whose names do not appear in the name of the firm. See 12 Toullier, Dr. Civ. 97.

Synonyms of Company

(Assemblage), noun

  • aggregation
  • assembled body
  • assemblée
  • assembly
  • attroupement
  • caucas
  • coalition
  • conclave
  • conference
  • confluence
  • conflux
  • congregation
  • congress
  • convention
  • convergence
  • convocation
  • crowd
  • gathering
  • group
  • ingathering
  • league
  • meeting
  • mustering
  • societas

(Enterprise), noun

  • association
  • body corporate
  • business
  • business establishment
  • coetus
  • combination
  • commercial enterprise
  • concern
  • confederacy
  • consociation
  • copartnership
  • corporate body
  • corporation
  • establishment
  • federation
  • firm
  • grex
  • guild
  • institute
  • joint concern
  • organization
  • partnership
  • Associated Concepts: affiliated company
  • company union
  • construction company
  • corporation
  • holding company

Related Entries of Company in the Encyclopedia of Law Project

Browse or run a search for Company 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.

Company in Historical Law

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

Legal Abbreviations and Acronyms

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

Related Legal Terms

You might be also interested in these legal terms:

Mentioned in these terms

Absence, Agency, Agent, Annuity, Certificate Of Deposit, Certificate Of Stock, Chose, , Co-operative Association, Conglomerate, Connivance, Contributory, Dividend, Electric Utility Company, Entire Contract, Facultative Reinsurance, Inference, Insider, Joint Stock Company, Muster-roll, Mutual Insurance Company, Natural Gas Company, Open-end Company, Par Value, Parcel, Pensioner, Personal Property, Preference Share, Private Company, Private Corporation, Promoter, Reciprocity, Refund Annuity, Repurchase Agreement, Scrip, Secretary, Share Certificate, Share Warrant, South Sea Company, Specific Performance, Stock, Trading Stamps.


You might be interested in these references tools:

Resource Description
Company in the Dictionary Company in our legal dictionaries
Browse the Legal Thesaurus Find synonyms and related words of Company
Legal Maxims Maxims are established principles that jurists use as interpretive tools, invoked more frequently in international law
Legal Answers (Q&A) A community-driven knowledge creation process, of enduring value to a broad audience
Related topics Company in the World Encyclopedia of Law


This definition of Company is based on the The Cyclopedic Law Dictionary . This entry needs to be proofread.

Vocabularies (Semantic Web Information)


Resource Description
Topic Map A group of names, occurrences and associations
Topic Tree A topic display format, showing the hierarchy
Sitemap Index Sitemap Index, including Taxonomies The URI of Company (more about URIs)

Company in the Dictionary of Law consisting of Judicial Definitions and Explanations of Words, Phrases and Maxims

Applied to persons engaged in trade, those united for the same purpose or in a joint concern. Palmer v. Pinkham, 33 Me. 36 (1851).

Note: This legal definition of Company in the Dictionary of Law (English and American Jurisprudence) is from 1893.

Company in Law Enforcement

Main Entry: Law Enforcement in the Legal Dictionary. This section provides, in the context of Law Enforcement, a partial definition of company.


See Also

  • Law Enforcement Officer
  • Policeman
  • Law Enforcement Agency

Further Reading

English Legal System: Company

In the context of the English law, A Dictionary of Law provides the following legal concept of Company :

An association formed to conduct business or other activities in the name of the associatio Most companies are incorporated (See incorporation) and therefore have a legal personality distinct from those of their members. Incorporation is usually by registration under the Companies Act 1985 (See registration of a company) but may be by private Act of Parliament (See statutory company) or by royal charter (chartered company). Shareholders and directors are generally protected when the company goes out of business.

See foreign company; limited company; private company; public company; unlimited company; welsh company.

Company Definition (in the Accounting Vocabulary)

The New York State Society of Certified Public Accountants offers the following definition of Company in a way that is easy for anybody to understand: Organization engaged in business as a PROPRIETORSHIP, PARTNERSHIP, CORPORATION, or other form of enterprise.

Company in the National Security Context

A definition and brief description of Company in relation to national security is as follows:The The nickname for the CIA (United States Central Intelligence Agency).


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