<owl:Class xmlns="https://folio.openlegalstandard.org/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:v1="http://www.loc.gov/mads/rdf/v1#" xmlns:owl="http://www.w3.org/2002/07/owl#" xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:xsd="http://www.w3.org/2001/XMLSchema#" xmlns:folio="https://folio.openlegalstandard.org/" xmlns:rdfs="http://www.w3.org/2000/01/rdf-schema#" xmlns:skos="http://www.w3.org/2004/02/skos/core#" rdf:about="https://folio.openlegalstandard.org/R7oBWHStfmqTLn2MypkW3Pj">
  <rdfs:subClassOf rdf:resource="https://folio.openlegalstandard.org/R7L5eLIzH0CpOUE74uJvSjL"/>
  <rdfs:label>Entity</rdfs:label>
  <skos:altLabel>Entity</skos:altLabel>
  <skos:altLabel>ENTITY</skos:altLabel>
  <rdfs:seeAlso rdf:resource="https://folio.openlegalstandard.org/R8AC0Iq3zua7VGgBd0jCBtz"/>
  <skos:altLabel xml:lang="de-de">Entität</skos:altLabel>
  <skos:altLabel xml:lang="fr-fr">Entité</skos:altLabel>
  <skos:altLabel xml:lang="ja-jp">エンティティ</skos:altLabel>
  <skos:altLabel xml:lang="pt-br">Entidade</skos:altLabel>
  <skos:altLabel xml:lang="zh-cn">实体</skos:altLabel>
  <skos:hiddenLabel>ENTITY</skos:hiddenLabel>
  <skos:prefLabel>Organization</skos:prefLabel>
  <skos: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.</skos:definition>
</owl:Class>
