| 释义 |
de facto corporation
noun[ C ]
ukus
in the US, a corporation that is allowed to continue to exist, although it has not been officially made a corporation by law:
The court found that, when a person buys stock of a de facto corporation, he cannot avoid payment by showing that the corporation was not legally organized.
Examples of de facto corporation
de facto corporation
Who can object to a defactocorporation being incompletely organized?
From Project Gutenberg
What is necessary to create a defactocorporation?
From Project Gutenberg
Can a defactocorporation avoid its liabilities on the ground of incomplete organization?
From Project Gutenberg
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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