Company

Company

A company, abbreviated 'co.', is a legal entity made up of an association of people, be they natural, legal, or a mixture of both, for carrying on a commercial or industrial enterprise.

A company is a legal entity formed by a group of individuals to engage in and operate a business enterprise. This business can be commercial or industrial. Companies can be organized in various ways for tax and financial liability purposes depending on the corporate law of the company's jurisdiction. Often the line of business the company engages in dictates the structure it chooses. In the United States, these types of companies are defined by tax laws administered by the Internal Revenue Service and individual state dictates.

A company has similar, if not the same, legal rights and responsibilities as an individual. This includes the ability to enter into contracts, right to sue or be sued, ability to borrow money, responsibility of paying taxes, can own assets, and can hire employees.

Companies can be as simple as registering a trade name a single individual uses to conduct business. And it can be as complicated as forming a complex structure of entities across multiple countries and regulatory structures.

Types of Companies

Examples of these types include:

  • Partnerships
  • Corporations
  • Association
  • Funds
  • Trusts
  • Joint-stock Company
  • Private companies limited by guarantee
  • Private companies limited by shares
  • Public limited companies
  • Gesellschaft mit beschränkter Haftung (GmbH)

In the United States, a company is not necessarily a corporation, although all corporation can be classified as companies. In the United Kingdom, a company is a body corporate or corporation. As well, in the United Kingdom, a partnership is note legally a company though they may be informally referred to as a company or referred to as a firm.

Most jurisdictions have forms of private limited companies and stock corporations. A private limited company is a company privately owned by the members or a single member of the company. A stock corporation differs from a private limited company in its ability to issue shares which entitle owners to portions of the corporations profits. In a stock corporation, these stocks can be shared publicly, privately, or on stock exchanges.

Etymology

The word company comes originally from the Old French word compagnie which stood for "society, friendship, intimacy; body of soldiers" in the 12th century. This old French comes originally from the Late Latin companio which stood for "bread fellow, messmate" and the Latin root com, which stood for "with, together".

In the 14th century, the Middle English use of company is for "companionship, consort of persons, intimate association, sexual union". This is expanded in the late 14th century in usage to include usage for "a number of persons united to perform or carry out anything jointly" and from this usage developed a commercial sense of "business association". The definition for business association is in use by the 1550s after it is seeing use in reference to trade guilds.

The abbreviation of company as "co." dates from the 1670's. And company continues to be used in a military sense to refer to a subdivision of an infantry regiment.

Timeline

1550
"Company" begins to be used to refer to business associations.

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News

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April 14, 2021
WebWire
Microsoft Corp (Nasdaq: MSFT) and Nuance Communications, Inc. (Nasdaq: NUAN) announced they have entered into a definitive agreement under which Microsoft will acquire Nuance for $56.00 per share, implying a 23% premium to the closing price of Nuance on Friday, April 9, in an all-cash transaction valued at $19.7 billion, inclusive of Nuance's net debt. Nuance is a trusted cloud and AI software leader representing decades of accumulated healthcare and enterprise AI experience. Mark Benjamin...
BioSpace
April 14, 2021
BioSpace
Vivos Therapeutics, Inc. ("the Company") (NASDAQ: VVOS), a medical technology company focused on developing and commercializing innovative diagnostic and treatment modalities for patients suffering from sleep-disordered breathing, including mild-to-moderate obstructive sleep apnea (OSA), today announced the appointment of Mimi Guarneri, MD, FACC
Darling Ingredients Inc.
April 14, 2021
www.prnewswire.com:443
/PRNewswire/ -- EnviroFlight, a wholly owned division of Darling Ingredients Inc. (NYSE: DAR), announced the development of a new R&D and Corporate Center in...
BioSpace
April 14, 2021
BioSpace
On April 7, 2021 Oncology Pharma, Inc. reported that it had been granted an exclusive worldwide license by Regen BioPharma, Inc. to develop and commercialize pancreatic cancer treatments utilizing Regens proprietary intellectual property pertaining to mRNA.
BioSpace
April 14, 2021
BioSpace
On April 7, 2021 Oncology Pharma, Inc. reported that it had been granted an exclusive worldwide license by Regen BioPharma, Inc. to develop and commercialize pancreatic cancer treatments utilizing Regens proprietary intellectual property pertaining to mRNA.
April 14, 2021
BioSpace
BioVaxys Announces Final Clinical trial results of HPV product from EU partner ProCare Health Iberia published by American Society for Colposcopy and Cervical Pathology - read this article along with other careers information, tips and advice on BioSpace
BioSpace
April 14, 2021
BioSpace
OncoSec Medical Incorporated (NASDAQ:ONCS) (the "Company" or "OncoSec"), a biotechnology company focused on cytokine-based intratumoral immunotherapies, today announced that it has received authorization to CE mark its proprietary next generation go-to-market gene delivery device, GenPulseTM, a part of the OncoSec Medical System (OMS) electroporation device platform for use in solid tumors.
Fusion Pharmaceuticals Inc.
April 14, 2021
www.prnewswire.com:443
/PRNewswire/ -- Fusion Pharmaceuticals Inc. (Nasdaq: FUSN), a clinical-stage oncology company focused on developing next-generation radiopharmaceuticals as...
LIZHI INC.
April 14, 2021
www.prnewswire.com:443
/PRNewswire/ -- LIZHI INC. ("LIZHI" or the "Company") (NASDAQ: LIZI), a leading online UGC audio community and interactive audio entertainment platform in...
April 14, 2021
BioSpace
Pyramid Biosciences Announces Leadership Team Expansion - read this article along with other careers information, tips and advice on BioSpace
BioSpace
April 14, 2021
BioSpace
Company Expects Acquisition to be Accretive with Sustained Profitable Revenue Growth, Leveraging Market-Changing Synergy from PBIs Ultra Shear Technology Nanoemulsions Platform
BioSpace
April 14, 2021
BioSpace
Inozyme Pharma, Inc. , a rare disease biopharmaceutical company developing novel therapeutics for the treatment of abnormal mineralization disorders, today presented data that highlight the burden of disease for patients and families affected by ENPP1 Deficiency and ABCC6 Deficiency, two devastating and potentially deadly genetic diseases. In a poster entitled,
BioVaxys Technology Corp.
April 14, 2021
www.prnewswire.com:443
/PRNewswire/ -- BioVaxys Technology Corp. (CSE: BIOV) (FRA:5LB) (OTC:LMNGF) ("BioVaxys"), the world leader in haptenized antigen vaccines for antiviral and...
Surge Battery Minerals Inc.
April 14, 2021
www.prnewswire.com:443
/PRNewswire/ -- Surge Battery Minerals Inc. (the "Company" or "Surge") (TSXV: NILI) (OTC: NILIF) (FRA: DJ5C) is pleased to announce that FINRA has approved a...
Pintec Technology Holdings Limited
April 14, 2021
www.prnewswire.com:443
/PRNewswire/ -- Pintec Technology Holdings Limited (NASDAQ: PT) ("PINTEC" or the "Company"), a leading independent technology platform enabling financial...
Bed Bath & Beyond Inc.
April 14, 2021
www.prnewswire.com:443
/PRNewswire/ -- Bed Bath & Beyond Inc. (Nasdaq: BBBY) today reported financial results for the fourth quarter of fiscal 2020 ended February 27, 2021. Reported...
GoGold Resources Inc.
April 14, 2021
www.prnewswire.com:443
/PRNewswire/ - GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) ("GoGold", "the Company") is pleased to release the results of 6 diamond drill holes from the El...
Uranium Energy Corp
April 14, 2021
www.prnewswire.com:443
NYSE American Symbol - UEC Highlights: Burke Hollow's initial Production Area ("PAA-1") is the newest and largest In-Situ Recovery ("ISR") wellfield being...
Mind Cure Health Inc.
April 14, 2021
www.prnewswire.com:443
/PRNewswire/ - Mind Cure Health Inc. (CSE: MCUR) (OTCQB: MCURF) (FRA: 6MH) ("MINDCURE" or the "Company") a leader in advanced proprietary technology for...
Pomerantz LLP
April 14, 2021
www.prnewswire.com:443
/PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Provention Bio, Inc. ("Provention" or the "Company") (NASDAQ: PRVB). Such...
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