entity

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(ĕn'tĭ-tē) pronunciation
n., pl., -ties.
  1. Something that exists as a particular and discrete unit: Persons and corporations are equivalent entities under the law.
  2. The fact of existence; being.
  3. The existence of something considered apart from its properties.

[Medieval Latin entitās, from Latin ēns, ent-, present participle of esse, to be.]


In a database, anything about which information can be stored; for example, a person, concept, physical object or event. Typically refers to a record structure.

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Legal form under which property is owned. The benefits and risks of owning a business or property may vary depending on the entity that is formed. Options include a corporation or s corporation, sole proprietorship corporation, a joint venture , a limited partnership , a partnership , tenancy in common, joint tenancy, LIMITED - LIABILITY CORPORATION, LIMITED - LIABILITY PARTNERSHIP, and a REAL ESTATE INVESTMENT TRUST (REIT).

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The legal form under which property is owned.
See also CORPORATION, limited partnership, partnership .


Examples: The benefits and risks of owning real property may vary depending on the entity that is formed. Among the options are:

• corporation

• individual ownership (see tenancy entries)

joint venture

limited liability company (llc)

• LIMITED PARTNERSHIP

• PARTNERSHIP

• real estate investment trust

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noun

  1. One that exists independently: being, existence, existent, individual, object, something, thing. See be, thing.
  2. An organized array of individual elements and parts forming and working as a unit: integral, sum, system, totality, whole. See part/whole.
  3. The fact or state of existing or of being actual: actuality, being, existence, reality. See be, real/imaginary.


n

Definition: object which exists
Antonyms: abstract, concept, idea

In Geographic Information Systems, a thing that exists such as a building or a lake, which is distinguishable from another entity, cannot be divided into two or more similar entities, and about which information can be stored, possibly in terms of attributes, position, shape, and relationships. An entity class is a specified group of entities.

A real thing. Entity realism is the term associated with the contemporary Canadian philosopher Ian Hacking, whereby the issue of scientific realism is not one of the truth or falsity of scientific theories, but of the real existence of the things which scientists manipulate.

This entry contains information applicable to United States law only.

A real being; existence. An organization or being that possesses separate existence for tax purposes. Examples would be corporations, partnerships, estates, and trusts. The accounting entity for which accounting statements are prepared may not be the same as the entity defined by law.

Entity includes corporation and foreign corporation; not-for-profit corporation; profit and not-for-profit unincorporated association; business trust, estate, partnership, trust, and two or more persons having a joint or common economic interest; and state, U.S., and foreign governments.

An existence apart, such as a corporation in relation to its stockholders.

Entity includes person, estate, trust, governmental unit.

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pronunciation

IN BRIEF: A separate independent thing.

pronunciation Soil is a resource, a living, breathing entity that, if treated properly, will maintain itself. It's our lifeline for survival. — Marjorie Harris.

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  See crossword solutions for the clue Entity.

An entity is something that exists by itself, although it need not be of material existence. In particular, abstractions and legal fictions are usually regarded as entities. In general, there is also no presumption that an entity is animate.

In business, an entity is a person, department, team, corporation, cooperative, partnership, or other group with whom it is possible to conduct business.

Sometimes, the word entity is used in a general sense of a being, whether or not the referent has material existence, e.g., is often referred to as an entity with no corporeal form (non-physical entity), such as a language. It is also often used to refer to ghosts and other spirits.

The word entitative is the adjective form of the noun entity. Something that is entitative is "considered as pure entity; abstracted from all circumstances", that is, regarded as entity alone, apart from attendant circumstances.

See also


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Dansk (Danish)
n. - fænomen, eksistens, entitet, væsen

Nederlands (Dutch)
entiteit, het bestaan, iets wat bestaat

Français (French)
n. - entité

Deutsch (German)
n. - Entität, Wesen

Ελληνική (Greek)
n. - οντότητα, ύπαρξη, υπόσταση, (νομ.) νομικό πρόσωπο, φορέας

Italiano (Italian)
entità

Português (Portuguese)
n. - entidade (f)

Русский (Russian)
существо, единое целое, организация

Español (Spanish)
n. - entidad

Svenska (Swedish)
n. - självständigt hel, enhet, väsen, verklighet

中文(简体)(Chinese (Simplified))
实体, 本质, 存在

中文(繁體)(Chinese (Traditional))
n. - 實體, 本質, 存在

한국어 (Korean)
n. - 실체, 자주 독립체

日本語 (Japanese)
n. - 実在物, 実体, 実在, 存在物, 存在者

العربيه (Arabic)
‏(الاسم) كينونه, وجود‏

עברית (Hebrew)
n. - ‮מציאות, ישות‬


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Position (in accounting)
Party (business term)