body corporate

body corporate: body corporate n pl bod·ies corporate: corporation

body corporate: index cartel, company (enterprise), corporation

body corporate: In English Law (and as a result, throughout the Commonwealth Realms), body corporate is the legal term for a corporate body, i.e. a corporation. It is distinct from a natural person, although it has many of the same legal rights.

A body corporate can be either a corporation sole (consisting of a single person) or a corporation aggregate (consisting of two or more persons). The British Crown is an example of a corporation sole, whereas J Sainsbury plc is an example of a corporation aggregate.

source: Wikipedia

body corporate: United Kingdom

For the purposes of the Companies Act 2006, this includes a body incorporated outside the UK but does not include:

• A corporation sole; or

• A partnership that, whether or not a legal person, is not regarded as a body corporate under the law by which it is governed (section 1173(1), Companies Act 2006).

See also corporation which has the same meaning under the Companies Act 2006.

Игры ⚽ Нужен реферат?

Look at other dictionaries:

body corporate — ➔ corporate2 * * * body corporate UK US noun [C] (plural bodies corporate) LAW ► an organization such as a company or government that is considered to have its own legal rights and responsibilities: »Although the US parent company is not a public … Financial and business terms
body corporate — n. Law a corporation … English World dictionary
Body corporate — In English Law (and as a result, throughout the Commonwealth Realms), body corporate is the legal term for a corporation. It is distinct from a natural person, although it has many of the same legal rights.A body corporate can be either a… … Wikipedia
body corporate — /bɒdi ˈkɔpərət/ (say bodee kawpuhruht) noun (plural bodies corporate or body corporates) 1. Law a person, association or group of persons legally incorporated in a corporation. 2. Also, NSW, owners corporation. the governing body of a block of… …
body corporate — noun (plural bodies corporate) : corporation … Useful english dictionary
body corporate — A corporation consisting of a body of persons legally authorized to act as one person, while being distinct from that person. For example, the shareholders of a company are separate from the company. See: artificial person … Accounting dictionary
body corporate — A corporation consisting of a body of persons legally authorized to act as one person, while being distinct from that person. For example, the shareholders of a company are separate from the company. See artificial person … Big dictionary of business and management
body corporate — noun Date: 15th century corporation … New Collegiate Dictionary
body corporate — Law. a person, association, or group of persons legally incorporated; corporation. [1490 1500] * * * … Universalium
body corporate — noun formal term for corporation … English new terms dictionary

Academic Dictionaries and Encyclopedias

body corporate

Look at other dictionaries:

Share the article and excerpts

Academic Dictionaries and Encyclopedias

Law dictionary

body corporate

Look at other dictionaries:

Share the article and excerpts

Direct link