Keyword Analysis & Research: entity definition

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What does entity exactly mean?

Definition: An entity is an organization established through laws or accounting principles that separates it from its owners, other organizations, and individuals. All business forms are considered entities with the exception of a sole proprietorship.

What is the difference between entity and Company?

As nouns the difference between entity and company is that entity is that which has a distinct existence as an individual unit often used for organisations which have no physical form while company is a group of individuals with a common purpose. (archaic|transitive) to accompany, keep company with.

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