👉 In the context of finance and business, a "company" is generally a legal entity that owns or controls assets (such as real estate, equipment, or inventory) and engages in some form of commercial activity. Companies can be formed for various purposes such as manufacturing, distribution, retailing, insurance, banking, consulting, etc. In the context of finance, companies are often referred to as "corporations" because they are organized under the laws of a country's corporate law system. These
