Entity
Definition
A legal entity is a legal construct through which the law allows a group of natural persons to act as if they were a single person for certain purposes. The most common purposes are lawsuits, property ownership, and contracts. Some examples of legal entities include companies, cooperatives (co-ops), corporations, municipalities, political parties, sovereigns, states, temples, trade unions, and ships or vessels.
Class Relationships
Parent(s)
Children 24
- • Société en Commandite Simple
- • Segregated Portfolio Company
- • Political Party
- • Société Anonyme
- • Limited Company
- • Labor Union
- • Non-Profit Organization
- • Sovereign State
- • Municipal Corporation
- • Limited Liability Company
- • Trade Association
- • Trust
- • Exempted Company
- • Governmental Entity
- • Non-Governmental Organization
- • Benefit Limited Liability Company
- • Professional Limited Liability Company
- • Société à Responsabilité Limitée
- • Joint Venture
- • Partnership
- • Corporation
- • Sole Proprietorship
- • Association
- • Limited Duration Company
Translations
Class Hierarchy Visualization
Interactive graph showing class relationships - click on any node to navigate to that class
Additional Information
Metadata
Comment
None
Description
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Notes
- • None
Editorial Information
History Note
None
Editorial Note
None
Identifier
ENTITY
Deprecated
No
Source and Origin
No source or origin information available