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Culture companies companies There are several types of business company in Britain. A statutory company is set up by an Act of Parliament.Many former statutory companies that were managed by the government, such as those responsible for Britain's railway system and coal industry, have now been privatized (= sold and made into private companies operating for profit).
company is the general word and means any group of people: a company of motorists. band, used esp. of a band of musicians, suggests a relatively small group pursuing the same purpose or sharing a common fate: a concert by a band; a band of survivors. party, except when used of a political group, usually implies an indefinite and temporary assemblage, as for some common pursuit: a spelunking ...
Jun 21, 2024 · Corporation: A corporation is a legal entity that is separate and distinct from its owners. Corporations enjoy most of the rights and responsibilities that an individual possesses; that is, a ...
Company – definition and meaning. A Company is a legal entity that people form. It allows them, usually as shareholders, to buy and sell goods and services. In most cases, companies want to make a profit. However, some companies are non-profit organizations. Just like humans, companies can hire and fire workers.
Company definition, a number of individuals assembled or associated together; group of people. See more.
Company definition: a number of individuals assembled or associated together; group of people.. See examples of COMPANY used in a sentence.
A company can be defined as an "artificial person", invisible, intangible, created by or under law, [2] with a discrete legal capacity (or "personality"), perpetual succession, and a common seal. Except for some senior positions, companies remain unaffected by the death, insanity, or insolvency of an individual member.
