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An associate company (or associate) in accounting and business valuation is a company in which another company owns a significant portion of voting shares, usually 20–50%.
An associative entity is a term used in relational and entity–relationship theory. A relational database requires the implementation of a base relation (or base table) to resolve many-to-many relationships. A base relation representing this kind of entity is called, informally, an associative table. An associative entity (using Chen notation)
A corporate group is composed of companies. The general rule is that a company is a separate legal entity from its shareholders, that is the shareholder's liability for the subsidiary's debts is limited to the value of the shares, [3] and the shareholders cannot be required to perform the company's obligations.
An unincorporated association is a collective of people with common goals who have chosen to formalise their relationship, but without incorporating as a company or similar legal entity. A further requirement is that the members are not associated together for profit. This distinguishes an unincorporated association from a partnership.
[citation needed] In doing so, they largely abandoned the legal control concepts in favour of a definition that provides that "control" is "the capacity of an entity to dominate decision-making, directly or indirectly, in relation to the financial and operating policies of another entity so as to enable that other entity to operate with it in ...
The company, as an entity, was created by the state which granted the privilege of incorporation. [1] Companies take various forms, such as: voluntary associations, which may include nonprofit organizations; business entities, whose aim is to generate sales, revenue, and profit; financial entities and banks; programs or educational institutions
Associated state Associated with Associated since Level of association International status Andorra: Spain and France: 1278 Defence is the responsibility of Spain and France. [47] Andorra is a co-principality between the head of state of France (currently the president) and the Bishop of Urgell. UN member state: Kiribati: Australia and New ...
The official United States Government Manual offers no definition. [ 1 ] [ 2 ] While the Administrative Procedure Act definition of "agency" applies to most executive branch agencies, Congress may define an agency however it chooses in enabling legislation, and through subsequent litigation often involving the Freedom of Information Act and the ...