A company is a form of business organization. It is a collection of individuals and physical assets with a common focus and an aim of gaining profits. This collection exists in Law and therefore a company is considered a "Legal Person".

In the United States, a company is a corporation—or, less commonly, an association, partnership, or union—that carries on an industrial enterprise." Generally, a company may be a "corporation, partnership, association, joint-stock company, trust, fund, or organized group of persons, whether incorporated or not, and (in an official capacity) any receiver, trustee in bankruptcy, or similar official, or liquidating agent, for any of the foregoing."

In English law, and therefore in the Commonwealth realms, a company is a form of body corporate or corporation, generally registered under the Companies Acts or similar legislation. It does not include a partnership or any other unincorporated group of persons.

Noun

company (plural companies)

1. A group of individuals with a common purpose, as in a company of actors.
2. (law, business) An entity that manufactures or sells products (also known as goods), or provides services as a commercial venture. A corporation.
3. (business) Any business, without respect to incorporation.
4. Social visitors.
   • Keep the house clean, I have company coming.
5. companionship.
   • I treasure your company.
6. (military) A unit of approximately sixty to one hundred and twenty soldiers, typically consisting of two or three platoons and forming part of a battalion.
   • The Boys in Company C.
7. A unit of firefighters and their equipment.
   • It took six companies to put out the fire.
8. (nautical) The entire crew of a ship.
9. Nickname for an intelligence service.
   • As he had worked for the CIA for over 30 years, he would soon take retirement from the company.

• corporation

Company