Define: Aggregate Corporation

Aggregate Corporation
Aggregate Corporation
What is the dictionary definition of Aggregate Corporation?
Dictionary Definition of Aggregate Corporation

Aggregate Corporation:

A type of business organisation that operates in the field of construction and infrastructure development. An aggregate corporation specializes in the extraction, processing, and distribution of various types of aggregates, such as crushed stone, sand, gravel, and recycled materials. These aggregates are essential components in the construction industry, used in the production of concrete, asphalt, and other building materials. Aggregate corporations typically own and operate quarries, mines, and processing facilities to ensure a steady supply of aggregates to meet the demands of construction projects. They may also engage in related activities, including transportation, logistics, and sales of aggregates to contractors, builders, and government agencies. Aggregate corporations play a crucial role in the construction sector, contributing to the development of infrastructure projects, including roads, bridges, buildings, and other structures.

Full Definition Of Aggregate Corporation

Aggregate Corporation is a legal entity that operates as a corporation and engages in the business of producing and selling aggregate materials such as sand, gravel, and crushed stone. As a corporation, it is subject to the laws and regulations governing corporate entities, including those related to corporate governance, taxation, and liability. Aggregate Corporation may also be subject to industry-specific regulations related to the extraction and processing of aggregate materials. Additionally, it may be involved in legal matters related to contracts, property rights, environmental regulations, and labor laws.

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This glossary post was last updated: 29th March 2024.

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