Municipal Entity

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Definition

Municipal Entity. A polity that typically represents a city, township, or other administrative subdivision having corporate status and powers of self-government or jurisdiction

Municipal entity in the sense of a legal entity, that is, what it is that incurs debt for a municipality, as distinct from the Municipal government. A municipal entity has a Government which sets laws applicable within the geographical area corresponding to its jurisdiction.

Synonyms

  • Municipality

See Also


Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.