Entity at Legal Glossary
What is it? An organization, institution or being that has its own existence for legal or tax purposes. An entity is often an organization with an existence separate from its individual members--for example, a corporation, partnership, trust, estate or government agency. The entity is treated like a person; it can function legally, be sued, and make decisions through agents.Law Definition Added By: Seth
The Entity definition has been viewed 977 Time(s)!
Send To Friends!
If you'd like to send the Entity definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -We hope you now understand the meaning of Entity. If you need any more information on this term, please don't hesitate to contact us.
Other Similar Legal Terms:
Law Terms warrant is See search warrant or arrest warrant.Law Terms heir is One who receives property from someone who has died. While the traditional meaning includes only those who had a legal right to the deceased persons property, modern usage includes anyone who receives property from the estate of a deceased person.
Law Terms statutory subject matter is Requirement for a utility patent . To qualify, an invention must fit into at least one of five categories defined in 35 United States Code, Section 101. These categories include: compositions of matter, manufactures, machines, processes, and new and useful improvements of any of the above categories. Taken together, these categories are called statutory subject matter.
Law Terms retainer is A fee paid in advance to a lawyer to secure her services. It acts as a down payment, ensuring that the lawyer wont get stiffed and that the client will be represented.
Law Terms Employee Retirement Income Security Act of 1974 (ERISA) is A federal law passed to protect pension rights. ERISA: sets minimum standards for pension plans, guaranteeing that pension rights cannot be unfairly denied to or taken from a worker provides some protection for workers in the event certain types of pension plans cannot pay the benefits to which workers are entitled, and requires that employers provide full and clear information about employees pension rights, including the way pension benefits accumulate, how the company invests pension funds, and when and how pension benefits can be collected.