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Results for "accorporate"

Accorporate

Definition: Accorporate refers to a group, organization, or business that has been incorporated as a separate entity from its parent company. It's not clear what specific type of entity accorporation is referring to without more context. The term "accorporate" typically implies a legal or administrative association between two or more individuals, entities, or organizations. Typically, this relationship involves the formation and operation of a new corporation, which may be incorporated for tax purposes under certain conditions. If the word refers specifically to the act of incorporating into a parent company in order to maintain an independent identity and operate as an entity separate from it, then "accorporate" might refer more accurately. In this case, the purpose is typically to maintain a legal separation between the parent and its subsidiary or affiliate companies.


accorporate