incorporate

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Incorporation

The process by which a business becomes a legal entity separate from its owner(s). Incorporation presents a number of advantages: becoming a separate legal entity means that the business itself makes or loses money, which protects owners from liability for its debts. Likewise, a corporation is taxed on its earnings separately from its owners, and, in many countries, the corporate tax rates are lower than personal tax rates. The process of incorporation involves writing articles of incorporation and registering them with the appropriate government entity in order to receive a corporate charter, which confers corporate legal status.

incorporate

To obtain a state charter establishing a corporation. Owners of proprietorships and partnerships incorporate in order to obtain limited liability for themselves and for potential investors. The limited liability makes it easier for the firm to raise additional equity capital.

incorporate

To form a corporation by filing documents in the appropriate state authority, which may be one's own state or a corporation-friendly state such as Delaware. Once having formed the corporation,one must pay annual franchise taxes to the state for the privilege of existing as an artificial entity, and one must observe all the forms and conventions of corporate existence. In other words, the sole shareholder cannot form a corporation and then never have meetings, never sign documents in the corporate name,take all corporate money for personal use without accounting for it on the books and records of the corporation, and generally behave as if the corporation did not exist.If the shareholder(s) behave as if the corporation does not exist, then creditors may be able to pierce the corporate veil and seize assets of the individual shareholders.

References in periodicals archive ?
Along with incorporative memories, traumatic memories may reside in an individual's body.
On the other hand, as it was already said, Butler suggests that as a subject refuses to grieve the masculine as a possibility of love, it forms a masculine gender through heterosexual melancholy, and when the feminine is excluded as an object of love and this exclusion is never grieved but always preserved, then, a feminine gender is formed through the incorporative fantasy which inaugurates the process.
The Tuscarora and other tribes powerful enough to resist this incorporative logic did so with great resolve.
If anything, this broadly incorporative method most strongly supports the view, advanced by some scholars, that the Court did not follow anything like the modern Intentionalist method during its first one hundred years.
The incorporative ritual was held during the night, and all the members of the new initiation set waited in front of the men's house dressed in their splendid attire, which had been prepared by their own mothers or sisters, as markers of their sub-grade identities and powers.
Simmons picks up on Dominicans' popular use of sancocho--a hearty garlicky stew typically comprising beef, pork, chicken, root vegetables, corn, plantains, and rice (1)--as a metaphor for the many heritages that come together to constitute a flexibly incorporative yet uniquely Dominican ethno-racial identity.
For example, in considering the power of fairy tales from a psychological perspective, Von Franz works with Jungian archetypes, while Bettelheim, who draws on the work of Freud, particularly sees Hansel and Gretel in terms of children's dominant anxiety of being deserted by their parents where the story 'gives body to the anxieties and learning tasks of the young child who must overcome and sublimate his primitive incorporative and hence destructive desires' p.
In the author's words, "the incorporative strategy of cultural assemblage usually associated with Afro-Cuban criollismo is distinctly African in origin" (12).
With regard to the use of cognitive-restructuring interventions (e.g., GIATRs), it is noteworthy to point out that our use of GIATRs was quite incorporative of emotions (see Moriarty & Davis, in press, for a description of this intervention and for a copy of the GIATR).
We are not only members of the new fellowship, a corporative view, but all are also present in each member of the new community, an incorporative concept.
For Lezama, what is American would have an incorporative pathos which allows it to enrich the European, African and Eastern traditions; and entails inverting the desiring vector of colonization, thus showing the unifying power of such an incorporation through the path of desire and image, masterfully expressed in Hispano American baroque.
This is achieved, first of all, because Eliza-Mae is, like her, a mother, and secondly, because her imaginary reunion with Eliza-Mae "[...] is [...] a powerful, incorporative, and transfigurative one" (LOW, 1998, p.