definition
strict definition
individual
A single person acting in the role of a company with respect to a structure or complex.
An individual person is listed as a company whenever he or she acts in a role with regard to a structure or complex which is tantamount to a company's role. This applies especially to owners, which are very often single persons; however it can also apply to architects, engineers, developers, and many other roles.
The actor is one natural person performing a role comparable to that of a firm. Property ownership is one example, but professional and development roles are also possible.
A consortium consists of cooperating firms, while a group of companies is a corporate association. Neither is the single-person actor described here.
Related definitions
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branch
A national, regional, or local office subordinate to a company's home office, excluding an independent subsidiary. -
brand
A registered trademark used by a company to establish product identity among consumers. -
consortium
A named partnership of two or more firms working together on a particular building or project. -
division
A sub-organization within a company acting as an individual firm in relation to a structure or complex. -
fund
A collective investment scheme which spreads ownership among several investors. -
group of companies
A corporate union or association of multiple companies which retain their separate identities. -
headquarters
The main or only office of a company, ranging from a single-office firm to a worldwide headquarters.