Home                   
Crossword Solver
Glossary HQ
Links for Word Lovers
Word of the Week
Help                      
Copyrights           
Privacy                 
Webmasters
Link to Us
Contact Us           
Bookstore            
 

 
 
Complete Definition of "corporate veil"

wikipedia|Piercing the corporate veil
English
Noun
corporate veil

  1. law finance The principle of a corporation being a separate legal person from its members (ie. shareholders).

Usage notes
To pierce or lift this veil is (usually for the courts) to "see through" the company and let its members directly be liable for (or benefit from) the company's legal position.

Revision and Credits for"corporate veil"
Dictionary content provided from Wiktionary.org under the
GNU Free Documentation License
 
 

 Find:
  Words Starting With:
  Words Ending With:
  Words Containing:
  Words That Match:
 
 Translate Into:
   Dutch   French   German
   Italian   Spanish
    Show results per page.
Browse the Dictionary
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

   
Allwords Copyright 1998-2024 All rights reserved.