Search results for: “corporate tax”
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Corporate Charter
A legal document creating a corporation….
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Marine Insurance
Legal Definition and Related Resources of Marine Insurance Meaning of Marine Insurance An insurance against marine losses, that is, the losses incident to marine adventure. An insurance against risks connected with navigation to which a ship, […]
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Bank
Legal Definition and Related Resources of Bank Meaning of Bank An association or corporation whose business it is to receive money on deposit , cash checks or drafts, discount commercial papers, make loans and issue promissory notes payable to […]
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Sole Proprietorship
A business owned by a single individual. The sole proprietorship pays no corporate income tax but has unlimited liability for business debts and obligations….
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Partnership
The relation subsisting between two or more persons who have contracted together to share as common owners the profits of a business carried on by all or any of them on behalf of all of them, Shumaker, Partnership, 2. Elements : The essential elements of a partnership are (1) a contract […]
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Debt
Legal Definition and Related Resources of Debt Meaning of Debt That which is due from one person to another, whether money , goods or services; that which one person is bound to pay or perform for another. Garsson v American Diesel Engine Corp., […]
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Competitiveness
Competitiveness in Global Commerce Policy In this regard, a definition of this issue is as follows: the ability of a firm, a production sector or even a country to hold its own in terms of economic efficiency against other firms, sectors or countries. Governments sometimes try to improve the […]
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Branch
Legal Definition and Related Resources of Branch Meaning of Branch A local or subordinate office or place of business of an organization. Also, a small stream or creek. descendants . Includes a separately incorporated foreign branch of a bank. […]
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Share
Legal Definition and Related Resources of Share Meaning of Share A portion of anything owned in common by several persons. In relation to corporations, it is a definite fractional part of the capital of the corporation conferring upon the holder […]
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Merger
Legal Definition and Related Resources of Merger Meaning of Merger In relation to corporations, the term denotes the amalgamation of two corporations to form a new one. The absorption of one corporation by another, which retains its name and […]
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Investment Bank
Financial intermediaries who perform a variety of services, including aiding in the sale of securities, facilitating mergers and other corporate reorganizations, acting as brokers to both individual and institutional clients, and trading for their own accounts. Underwriters….
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Capital Market
Financial Definition of Capital Market Meaning of Capital Market The market for trading long-term debt instruments (those that mature in more than one year). Related Entries of Capital Market in the […]