Word (225) Synonym definition example
A natural person / A human being A natural person can enter into contracts once they
a real and living person reach majority.
performs their functions and also perform the
function of legal persons
limited time
A legal person Artificial, fictitious, A being, real or imaginary The post of ‘american president’ is a corporation, which
juristic, moral Unlimited time (more than 100 years) was created some 300 years ago, and still it is
continuing
Legal intity Legal person Can sue & can be sued the company is a legal entity distinct from its
Can own property shareholder
Can enter into contacts
Separation of the owner and the company to
build protection and limited liability
A private limited Limited Liability a separate legal business entity, owned by They restructured the family business into a private
company Company (LLC), shareholders, where liability is limited to their limited company, ensuring shares could only be
Privately Held Company investment, protecting personal assets, and its shares transferred with existing shareholder approval
are not traded publicly on a stock exchange, usually
kept within a small group of people, offering control
but limiting capital raising
A public limited Corporation, enterprise, A business that can sell shares to the general public Apple Inc. is a public limited company listed on the
company (NV) firm, limited company, on a stock exchange stock exchange.
public company, public
corporation
A cooperative company / a member-owned business where each member's The agricultural cooperative reinvested profits into
with limited liability personal financial risk is capped at the amount shared equipment.
they've invested
A partnership firm A business owned by two or more persons who share In a general partnership, partners are jointly liable for
profits, losses, and management. debts.
A sole trader Sole proprietor A business owned and run by one individual; As a sole trader, she is personally liable for business
unlimited personal liability. debts.
Liability Accountability, The legal responsibility to compensate for loss or to The company is trying to limit its liability in this case
responsibility fulfil a debt or duty
,An asset Benefit, advantage, Anything of value owned by a person or company. The auditors checked the factory to make sure that all
strength the assets listed in the accounts were there
A contribution Donation, input Something given (money, effort, resources) to The award is given to people who have made a
achieve a common purpose. significant contribution to the country
An obligation Duty, commitment a legal relationship between two or more persons The company has a legal obligation to provide a safe
working environment
Equity Worth, ownership The value of a debtor’s interest in property after liens the aim of the fund is to promote equity of access for
and other creditors’ interests are subtracted. all students
Debt Bill, account, charges an amount of money borrowed by one party from I got into debt to pay my bills.
another. Debt is used by many corporations and
individuals as a method of making large purchases
that they could not afford under normal
circumstances. A debt arrangement gives the
borrowing party permission to borrow money under
the condition that it is to be paid back at a later date,
usually with interest
A share Stake, holdings, stock A type of security which consists of equity or stock We gave them all the chance to have a share in the
capital raised by a corporation profits
A bond Contract, agreement, a security, which consists of a debt in which the The company’s junk bonds were downgraded due to
obligation, equity authorised issuer owes the holders a debt and is poor earnings
obliged to repay the principal and interest
An ordinary share Voting shares, common are any shares that are not preferred shares a company issuing new ordinary shares to fund growth
stock, equity and do not have any predetermined dividend or an investor buying them for voting power
amounts. An ordinary share represents equity
ownership in a company and entitles the owner to a
vote in matters put before shareholders
proportion to their percentage ownership in the
company.
A preferred share Golden share, preferred is a class of ownership in a corporation that Even during downturns, the company prioritized
stock has a higher claim on its assets and earnings than paying dividends on its preferred shares, ensuring
common stock. Preferred shares generally have a steady returns for those investors
dividend that must be paid out before dividends to
common shareholders, and the shares usually do not
carry voting rights
, Articles of association Bylaws, articles of a company's internal rulebook, defining its purpose, The articles of association set out directors’ powers.
(AoA) incorporation structure, and how it's run, acting as a contract
between the company, its members (shareholders),
and directors
memorandum of Articles of incorporation, a foundational legal document for a company, Before registering the new tech startup, the founders
association (MoA) charter, constitution, outlining its core details like name, address, must sign the Memorandum of Association to legally
articles of association objectives, and share capital, essentially defining its establish its purpose and authorized share capital
relationship with the outside world and its scope of
operations
An extension Expansion, branching giving more time (like a contract or tax deadline The court granted an extension to file the documents.
out, development extension) or expanding a product/brand (like
launching new flavors or related items) to keep a
business growing
Capital Investment, funds, from Latin for caput, meaning "head," the basic The company's capital is tied up in property
assets, equity assets of a business (particularly corporations or
partnerships) or of an individual, including actual
funds, equipment and property as distinguished from
stock in trade, inventory, payroll, maintenance and
services.
A branch Subsidiary a local extension or office of a parent company, Our company is opening a new branch office in Asia to
operating in a different location but not a separate expand our market
legal entity
Subsidiary Branch a company that is fully or partially owned and Google is a subsidiary of Alphabet Inc.
controlled by another, larger company, called the
parent or holding company, typically by holding over
50% of its voting stock
Pursuant to According to, in following a specific rule, law, contract, or request, The company implemented the changes pursuant to the
accordance with indicating an action is being taken as required or new government regulations
authorized by that document or directive
Cessation Termination, shutdown, the formal or informal ending or stopping of a The company announced the cessation of business in
closure company's operations, whether temporarily or that market due to declining profits
permanently, involving winding down activities,
settling debts, and potentially dissolving the legal
entity
Be delinquent on Overdue, past due, failing to meet a financial or legal obligation by the The company was delinquent on its payroll taxes
A natural person / A human being A natural person can enter into contracts once they
a real and living person reach majority.
performs their functions and also perform the
function of legal persons
limited time
A legal person Artificial, fictitious, A being, real or imaginary The post of ‘american president’ is a corporation, which
juristic, moral Unlimited time (more than 100 years) was created some 300 years ago, and still it is
continuing
Legal intity Legal person Can sue & can be sued the company is a legal entity distinct from its
Can own property shareholder
Can enter into contacts
Separation of the owner and the company to
build protection and limited liability
A private limited Limited Liability a separate legal business entity, owned by They restructured the family business into a private
company Company (LLC), shareholders, where liability is limited to their limited company, ensuring shares could only be
Privately Held Company investment, protecting personal assets, and its shares transferred with existing shareholder approval
are not traded publicly on a stock exchange, usually
kept within a small group of people, offering control
but limiting capital raising
A public limited Corporation, enterprise, A business that can sell shares to the general public Apple Inc. is a public limited company listed on the
company (NV) firm, limited company, on a stock exchange stock exchange.
public company, public
corporation
A cooperative company / a member-owned business where each member's The agricultural cooperative reinvested profits into
with limited liability personal financial risk is capped at the amount shared equipment.
they've invested
A partnership firm A business owned by two or more persons who share In a general partnership, partners are jointly liable for
profits, losses, and management. debts.
A sole trader Sole proprietor A business owned and run by one individual; As a sole trader, she is personally liable for business
unlimited personal liability. debts.
Liability Accountability, The legal responsibility to compensate for loss or to The company is trying to limit its liability in this case
responsibility fulfil a debt or duty
,An asset Benefit, advantage, Anything of value owned by a person or company. The auditors checked the factory to make sure that all
strength the assets listed in the accounts were there
A contribution Donation, input Something given (money, effort, resources) to The award is given to people who have made a
achieve a common purpose. significant contribution to the country
An obligation Duty, commitment a legal relationship between two or more persons The company has a legal obligation to provide a safe
working environment
Equity Worth, ownership The value of a debtor’s interest in property after liens the aim of the fund is to promote equity of access for
and other creditors’ interests are subtracted. all students
Debt Bill, account, charges an amount of money borrowed by one party from I got into debt to pay my bills.
another. Debt is used by many corporations and
individuals as a method of making large purchases
that they could not afford under normal
circumstances. A debt arrangement gives the
borrowing party permission to borrow money under
the condition that it is to be paid back at a later date,
usually with interest
A share Stake, holdings, stock A type of security which consists of equity or stock We gave them all the chance to have a share in the
capital raised by a corporation profits
A bond Contract, agreement, a security, which consists of a debt in which the The company’s junk bonds were downgraded due to
obligation, equity authorised issuer owes the holders a debt and is poor earnings
obliged to repay the principal and interest
An ordinary share Voting shares, common are any shares that are not preferred shares a company issuing new ordinary shares to fund growth
stock, equity and do not have any predetermined dividend or an investor buying them for voting power
amounts. An ordinary share represents equity
ownership in a company and entitles the owner to a
vote in matters put before shareholders
proportion to their percentage ownership in the
company.
A preferred share Golden share, preferred is a class of ownership in a corporation that Even during downturns, the company prioritized
stock has a higher claim on its assets and earnings than paying dividends on its preferred shares, ensuring
common stock. Preferred shares generally have a steady returns for those investors
dividend that must be paid out before dividends to
common shareholders, and the shares usually do not
carry voting rights
, Articles of association Bylaws, articles of a company's internal rulebook, defining its purpose, The articles of association set out directors’ powers.
(AoA) incorporation structure, and how it's run, acting as a contract
between the company, its members (shareholders),
and directors
memorandum of Articles of incorporation, a foundational legal document for a company, Before registering the new tech startup, the founders
association (MoA) charter, constitution, outlining its core details like name, address, must sign the Memorandum of Association to legally
articles of association objectives, and share capital, essentially defining its establish its purpose and authorized share capital
relationship with the outside world and its scope of
operations
An extension Expansion, branching giving more time (like a contract or tax deadline The court granted an extension to file the documents.
out, development extension) or expanding a product/brand (like
launching new flavors or related items) to keep a
business growing
Capital Investment, funds, from Latin for caput, meaning "head," the basic The company's capital is tied up in property
assets, equity assets of a business (particularly corporations or
partnerships) or of an individual, including actual
funds, equipment and property as distinguished from
stock in trade, inventory, payroll, maintenance and
services.
A branch Subsidiary a local extension or office of a parent company, Our company is opening a new branch office in Asia to
operating in a different location but not a separate expand our market
legal entity
Subsidiary Branch a company that is fully or partially owned and Google is a subsidiary of Alphabet Inc.
controlled by another, larger company, called the
parent or holding company, typically by holding over
50% of its voting stock
Pursuant to According to, in following a specific rule, law, contract, or request, The company implemented the changes pursuant to the
accordance with indicating an action is being taken as required or new government regulations
authorized by that document or directive
Cessation Termination, shutdown, the formal or informal ending or stopping of a The company announced the cessation of business in
closure company's operations, whether temporarily or that market due to declining profits
permanently, involving winding down activities,
settling debts, and potentially dissolving the legal
entity
Be delinquent on Overdue, past due, failing to meet a financial or legal obligation by the The company was delinquent on its payroll taxes
