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Meaning of de facto corporation | Babel Free

Noun CEFR C1

Definitions

A business entity that is treated as a corporation for certain purposes despite its failure to meet all of the formal requirements imposed by law for a corporation to exist.

CEFR level

C1
Advanced
This word is part of the CEFR C1 vocabulary — advanced level.

See also

de facto partner de facto union De Fonblanque De Fryske Marren De Geer Land Bridge de gras

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