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A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as:

  • voluntary associations, which may include nonprofit organizations
  • business entities, whose aim is generating profit
  • financial entities and banks
  • programs or educational institutions.

A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations.

Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups.

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New York Public Library's

The media on this page is placed in the public domain by New York Public Library, an essential provider of free books, information, ideas, and education for all New Yorkers for more than 100 years. Founded in 1895, NYPL is the nation’s largest public library system, featuring a unique combination of 88 neighborhood branches and four scholarly research centers, bringing together an extraordinary richness of resources and opportunities available to all. Serving more than 17 million patrons a year, and millions more online, the Library holds more than 51 million items, from books, e-books, and DVDs to renowned research collections used by scholars from around the world.

Disclaimer: The media on this page is placed in the public domain by New York Public Library, 445 Fifth Avenue, 4th Floor New York, NY. Read more: https://www.nypl.org/research/collections/digital-collections/public-domain. This website is developed as a part of the world's largest public domain archive, PICRYL.com, and not developed or endorsed by NYPL,  https://www.picryl.com

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