definition
strict definition
active
A presently existing and operating company represented under its current or last valid name.
The active status applies to presently existing companies. Only the company's current or last valid name is used for an active entry.
The company continues to exist and operate. Its current or last valid name identifies the active entry described above.
A former name has a separate renamed identity. The inactive distinction concerns an entity that no longer exists or performs a relevant role in its former capacity.