See also municipal corporation, public corporation. Book of business definition and meaning collins dictionary. Incorporation definition, the act of incorporating or the state of being incorporated. Corporation legal definition of corporation legal dictionary. From cambridge english corpus these examples are from the. The definition of incorporated is combined or put together into one unit. Dictionary of business and economics terms barrons. Dictionary of business and economics terms barrons business dictionaries friedman ph. As i hinted above, the book has grown rather than that.
Book of business definition in the cambridge english. A term commonly used to refer to a companys accounting records. A corporation is a legal entity that is separate and distinct from its owners. A companys or agents book of business is the total of all insurance accounts written by. Download our english dictionary apps available for both ios and android. Definition of incorporated business in the legal dictionary by free online english dictionary and encyclopedia. Glossary of business terms a to z business the guardian. A legal entity organized under state laws that is considered separate from its owners. Incorporating definition, to form into a legal corporation. Definition of books of business in the financial dictionary by free online english dictionary and encyclopedia.
Businessdictionary is a free easytouse free business glossary with over 30000 definitions that span across critical businessrelated topics including. While some people feel that a corporation enhances the image of a small business, one disadvantage is the potential double taxation. Handy definitions of financial and economic jargon from libor and quantitave easing to black swans and dead cat bounces. Businesses range in scale from a sole proprietorship to an international corporation. A business is defined as an organization or enterprising entity. Incorporation meaning in the cambridge english dictionary. Business is work relating to the production, buying, and selling of goods or services. Method by which individuals are voluntarily united into a new entity through the creation of an artificial, intangible, and legal person called corporation. Book definition in the cambridge english dictionary. Incorporate dictionary definition incorporate defined. Articles of incorporation legal definition of articles of. Partnership books synonyms, partnership books pronunciation, partnership books translation, english dictionary definition of partnership books. Meaning, pronunciation, translations and examples log in dictionary. Incorporate definition of incorporate by merriamwebster.
Wysong contended that he had a separate oral agreement with kolberg, whereby he purchased the book of business according to the terms of kolbergs handwritten fact sheet listing the income earned from the book. Incorporate definition is to unite or work into something already existent so as to form an indistinguishable whole. The term is from jerry b harveys book the abilene paradox and other meditations. Incorporation definition of incorporation by the free. Corporations enjoy most of the rights and responsibilities that an individual possesses. Corporation definition entrepreneur small business. A business entity in which two or more coowners contribute resources, share in profits and losses, and are. The term developed from the original meaning which referred literally to.
A dictionary of business is a revised and expanded edition of a concise dictionary of business, first published in 1990. In other words, it is one of those books that makes sense for people in the. Articles of incorporation refers to a set of formal documents filed with a government body to legally document the creation of a corporation. Articles of incorporation, sometimes called a certificate of incorporation. The words corporation and incorporation are frequently confounded, particularly in the old books. Business meaning in the cambridge english dictionary. It does not mean it is a company, a corporation, partnership, or have any such. Easytouse free business glossary with over 20000 terms. Books of business financial definition of books of business. Offthebooks meaning in the cambridge english dictionary. Commission definition of commission by merriamwebster. Buy products related to business dictionary products and see what customers say.
Book of business financial definition of book of business. Incorporated dictionary definition incorporated defined. The corporation must pay taxes on its net income, and. To start and run a business, you often need to understand business terms that may not be well defined in a standard dictionary. A person, group or organization that has interest or concern in an organization. Commission definition is a formal written warrant granting the power to perform various acts or duties. How much corporation tax is he going to get from offthebooks gardeners and window cleaners. Search the worlds most comprehensive index of fulltext books. English part, where he will find a definition, whenever it. Corporation definition of corporation by merriamwebster. In this new edition the number of entries has increased to over 6,000, compared to. Certificate of incorporation this is equivalent to the.
The definition of a corporation is a legal entity with its own rights, privileges and liabilities separate from the members who created it. Compilation of various business words along with their meaning. Incorporated business legal definition of incorporated. A handbook of business law terms blacks law dictionary. Corporation definition is a group of merchants or traders united in a trade guild.
Incorporated business synonyms, incorporated business pronunciation, incorporated business translation, english dictionary definition of incorporated business. Business is the activity of making ones living or making money by producing or buying and. The document that must be filed with an appropriate government agency, commonly the office of the secretary of state, if the owners of a business want it to be given legal recognition as a corporation. Those who respond they are selfemployed in an incorporated business, along with those who work for. Barrons revised and expanded dictionary of business.
Corporation dictionary definition corporation defined. Incorporation definition of incorporation by merriamwebster. This barcode number lets you verify that youre getting exactly the right version or edition of a book. Glossary of terminology and definitions for business and management. Us term for the basic legal document which, similar to the uks memorandum of association, gives birth to a corporation. Partnership books definition of partnership books by the. Incorporate meaning in the cambridge english dictionary. Incorporate definition, to form into a legal corporation. Corporation tax a tax which limited companies and other organisations, such as. A relationship management technique used by businesses in order to maintain a closer connection with highvalue customers.
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