de-facto-corporation

Noun

(plural de facto corporations)

(law) A business entity that is treated as a corporation for certain purposes despite its failure to meet all of the formal requirements imposed by law for a corporation to exist.

English Wiktionary. Available under CC-BY-SA license.

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"de-facto-corporation." YourDictionary, n.d. Web. 14 January 2019. <https://www.yourdictionary.com/de-facto-corporation>.

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de-facto-corporation. (n.d.). Retrieved January 14th, 2019, from https://www.yourdictionary.com/de-facto-corporation

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