Term Company

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A term company has a specified number of years designated for its term. For example, a term LLC can state in its articles that the term is to be "25 years from the date of filing of the Articles of Organization," or the Articles can designate a specific future date. Any term company that continues to do business past its term will become an at ...…

What is a Term LLC? A LLC can either be a Term LLC or an At Will LLC. A Term LLC has a specific lifespan or Term.The existence of a Term LLC will not be affected by the withdrawal or disassociation of one of its Members. The Term, or lifespan, of a LLC may be specifically defined or it may be triggered by some event.For example, a Term LLC can state in its formation documents that the Term is ...…

A company, abbreviated as 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.Company members share a common purpose, and unite to focus their various talents and organize their collectively available skills or resources to achieve specific, declared goals.…

Define company. company synonyms, company pronunciation, company translation, English dictionary definition of company. n. pl. com·pa·nies 1. A group of persons: a company of scientists. 2. a. One's companions or associates: moved in fast company; is known by the company she...…

The limited company is a legal person in its own right and is sued in place of the owners or directors. A company may be limited by shares or, in the case of a private company, by guarantee. Since the Companies Act 1980, it is no longer possible to create a company limited by guarantee and having a share capital in the UK.…

Company-sized organisations in units with a horse-mounted heritage, such as the Household Cavalry, Royal Armoured Corps, Royal Engineers, Royal Corps of Signals, Army Air Corps, Special Air Service, Honourable Artillery Company and Royal Logistic Corps, use the term squadron instead of company, and in the Royal Artillery they are called batteries.…

company: A voluntary association formed and organized to carry on a business. Types of companies include sole proprietorship, partnership, limited liability, corporation, and public limited company. Company vs Corporation All corporations are companies, but not all companies are corporations. Company is a much broader term than corporation, ...…

Company definition is - association with another : fellowship. How to use company in a sentence. ... a company that makes usually small short-term loans to individuals…

References to Transamerica on this site apply to an individual company or collectively to these and other Transamerica companies. This site may not yet be approved by the Departments of Insurance in all states at the time of publication. Transamerica companies are part of the Aegon Group.…

An intermediate-term loan generally runs more than one—but less than three—years and is paid in monthly installments from a company’s cash flow. A long-term loan runs for three to 25 years ...…