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SourceLaw Dictionary Browse Letter C

Company

Legal definition for Indian law research

Definition

company


pl: -nies
: an association of persons for carrying on a commercial or industrial enterprise compare corporation, partnership

finance company
: a company that makes usually small short-term loans to individuals

growth company
: a company that grows at a greater rate than the economy as a whole and that usually directs a relatively high proportion of income back into the business

holding company
: a company whose sole function is to own and control other companies

investment company
: a company that earns income solely or primarily by holding and investing in securities issued by other companies or by government agencies

joint-stock company
: a business organization whose capital is represented by shares owned by stockholders each of whom is personally liable for the company's debts

limited liability company
: an unincorporated company formed under applicable state statute whose members cannot be held liable for the acts, debts, or obligations of the company and that may elect to be taxed as a partnership

mu·tu·al company
: an insurance company whose capital is owned by its policyholders

surety company
: a company that provides surety bonds for a fee

trust company
: a company and often a commercial bank acting as trustee for individuals and businesses and providing related financial or estate planning services




Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.

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