separate legal personality

noun

  • Business (Corporate) Law/Company Law

Definitions of separate legal personality

  • independent existence under the law, especially in the context of a company being separate and distinct from its owners

    One of the main advantages of the company structure is the limitation of liability that the separate legal personality gives to the members.

This is a limited preview — please sign in or subscribe to learn everything we know about the term “separate legal personality”.

Phrase Bank for separate legal personality

Additional Notes for separate legal personality