Define: Entity

Entity
Entity
Quick Summary of Entity

that which is perceived or known or inferred to have its own distinct existence (living or nonliving). A thing that exists in its own right. The law recognises corporations and people as entities with rights and legal obligations.

What is the dictionary definition of Entity?
Dictionary Definition of Entity
n. a general term for any institution, company, corporation, partnership, government agency, university or any other organisation which is distinguished from individuals.
  1. That which has a distinct existence as an individual unit. Often used for organisations which have no physical form.
  2. The existence of something considered apart from its properties.
  3. Anything about which information or data can be stored in a database; in particular, an organised array or set of individual elements or parts.
  4. The state or quality of being or existence.
Full Definition Of Entity

An organisation, institution, or being that has its own existence for legal or tax purposes. An entity is often an organisation with an existence separate from its individual members–for example, a corporation, partnership, trust, estate, or government agency. The entity is treated as a person; it can function legally, be sued, and make decisions through agents.

Related Phrases
Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

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

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