Difference between revisions of "Body Incorporated With Guarantee"
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Latest revision as of 11:10, 8 October 2019
Definition
Body Incorporated With Guarantee. Incorporated entity without share capital, and in which the liability of its members is limited to the amount each one of them undertakes to contribute at the time the firm is wound up.
Issues and Challenges
The profit motive is not the prime objective of the organization.
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.
