entity

an individual ( sole trader), partnership, a body corporate, a corporation, an incorporated association or body of persons, a trust or superannuation fund. Glossary of Business Terms

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entity en‧ti‧ty [ˈentti] noun entities PLURALFORM [countable usually singular] ACCOUNTING LAW
1. used to talk about any business that is a single unit from a legal or financial point of view:

• The thrift was declared insolvent and merged with seven other Texas thrifts into a new entity.

ˈbusiness ˌentity
ACCOUNTING LAW a company involved in the production, buying, and selling of goods or services for profit:

• AT&T's recent reorganization into a much more efficient and competitive business entity

ˌlegal ˈentity ACCOUNTING LAW
an organization considered as a separate independent unit for legal purposes:

• Having to keep separate legal entities in every state contrasts sharply with our integrated European operation.

2. the entity convention the principle that a business is separate from the people who own it, so that they do not have to use their own money to pay the company's debts

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entity UK US /ˈentɪti/ noun [C] (plural entities) FORMAL LAW, ACCOUNTING
an organization or a business that has its own separate legal and financial existence: »

Nearly 90 entities, mainly private companies, mint gold in bars.

»

a commercial/corporate entity

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a private/public entity

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a small/large entity

»

an independent/separate/single entity

See also BUSINESS ENTITY(Cf. business entity), LEGAL ENTITY(Cf. ↑legal entity)

Financial and business terms. 2012.

Synonyms:

Look at other dictionaries:

  • entity — en·ti·ty / en ti tē/ n pl ties: an organization (as a business or governmental unit) that has a legal identity which is separate from those of its members see also alter ego, instrumentality, juridical person …   Law dictionary

  • entity — entity, being, creature, individual, person are comparable when meaning something which has real and independent existence. Entity, the most consistently abstract of these terms, implies such existence not only in the actual world but also in the …   New Dictionary of Synonyms

  • Entity — est le cinquième album studio du groupe de brutal Death metal technique américain Origin. Il est sorti le 7 Juin 2011[1]. Entity Album par Origin Sortie 7 juin 2011 Genre …   Wikipédia en Français

  • Entity — En ti*ty, n.; pl. {Entities}. [LL. entitas, fr. L. ens, entis, thing, prop. p. pr. of esse to be: cf. F. entit[ e]. See {Essence}, {Is}.] A real being, whether in thought (as an ideal conception) or in fact; being; essence; existence. [1913… …   The Collaborative International Dictionary of English

  • Entity — steht für: Entität, in der Datenmodellierung ein eindeutig zu bestimmendes Objekt HTML Entity, eine Referenz auf eine bestimmte benannte SGML Entität Diese Seite ist eine Begriffsklärung zur Unterscheidung mehrerer mit demse …   Deutsch Wikipedia

  • entity — A general term encompassing a wide variety of legal persons, including individuals, corporations and governmental units (SA Bankruptcy.com) Under Title 11 U.S.C. Section 101: (15) The term entity includes person, estate, trust, governmental unit …   Glossary of Bankruptcy

  • entity — [n1] object that exists article, being, body, creature, existence, individual, item, material, matter, organism, presence, quantity, single, singleton, something, stuff, subsistence, substance, thing; concept 433 Ant. abstract, concept, idea… …   New thesaurus

  • entity — 1590s, from L.L. entitatem (nom. entitas), from L.L. ens (gen. entis) a thing, proposed by Caesar as prp. of esse be (see IS (Cf. is)), to render Greek philosophical term to on that which is (from neut. of prp. of einai to be; see ESSENC …   Etymology dictionary

  • entity — ► NOUN (pl. entities) ▪ a thing with distinct and independent existence. ORIGIN French entité, from Latin ens being …   English terms dictionary

  • entity — [en′tə tē] n. pl. entities [< Fr entité or ML entitas < L ens (gen. entis), prp. of esse, to be: see IS1] 1. being; existence 2. a thing that has definite, individual existence outside or within the mind; anything real in itself …   English World dictionary

  • Entity — An entity is something that has a distinct, separate existence, though it need not be a material existence. In particular, abstractions and legal fictions are usually regarded as entities. In general, there is also no presumption that an entity… …   Wikipedia

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