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In law, a legal entity is an entity that is capable of bearing legal rights and obligations, such as a natural person or an artificial person (e.g. business entity or a corporate entity). In politics, entity is used as term for territorial divisions of some countries (e.g. Bosnia and Herzegovina).
The company, as an entity, was created by the state which granted the privilege of incorporation. [1] Companies take various forms, such as: voluntary associations, which may include nonprofit organizations; business entities, whose aim is to generate sales, revenue, and profit; financial entities and banks; programs or educational institutions
Named entities can simply be viewed as entity instances (e.g., New York City is an instance of a city). From a historical perspective, the term Named Entity was coined during the MUC-6 evaluation campaign [1] and contained ENAMEX (entity name expressions e.g. persons, locations and organizations) and NUMEX (numerical expression).
Structure of the United Nations organization . An organization or organisation (Commonwealth English; see spelling differences), is an entity—such as a company, or corporation or an institution (formal organization), or an association—comprising one or more people and having a particular purpose.
Other terms include artificial person, corporate person, judicial person, juridical entity, juridic person, or juristic person. A juridical person maintains certain duties and rights as enumerated under relevant laws. [1] [2] The rights and responsibilities of a juridical person are distinct from those of the natural persons constituting it.
This is an accepted version of this page This is the latest accepted revision, reviewed on 18 December 2024. Legal entity incorporated through a legislative or registration process For other uses, see Corporation (disambiguation). "Corporate" redirects here. For other uses, see Corporate (disambiguation). "Corp." redirects here. Not to be confused with "Copr.". This article is part of a series ...
Spirits can be classified according to the science in charge of their study: angels and demons belong to theology, ghosts and spirits to metapsychology, fairies and gnomes to folklore, the souls of the dead to the cult of the dead, spiritualism, magic, necromancy.
Legal status is the status or position held by an entity as determined by the law. [1] [2] [3] It includes or entails a set of privileges, obligations, powers or restrictions that a person or thing has as encompassed in or declared by legislation.