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An association of a number of individuals for the purpose of carrying on some legitimate business. An association of persons or capital organized for the purpose of carrying on a commercial, industrial, or similar enterprise. This term is not synonymous with partnership, though every such unincorporated compass is a partnership. Usage has reserved this term to associations whose members are in greater number, their capital more considerable, and their enterprises greater, either on account of their risk or importance. When these companies are authorized by the government, they are known by the name of corporations. Sometimes the word is used to represent those members of a partnership whose names do not appear in the name of the firm; as, A. B & Company.


 - n. pl. Companies. (- niz). The state of being a companion or companions; the act of accompanying; fellowship; companionship; society; friendly intercourse. A companion or companions. An assemblage or association of persons, either permanent or transient. Guests or visitors, in distinction from the members of a family; as, to invite company to dine. Society, in general; people assembled for social intercourse.


 - An association of persons for the purpose of ...

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