economic entity
Frequency: 6.98.1 per million words
a unit that operates and is accounted for in relation to economic activities
Categories:
Examples (10)
- The corporation operates as a separate economic entity from its parent company.
- Each subsidiary is treated as an independent economic entity for tax purposes.
- The government views this organization as a distinct economic entity.
- Under accounting standards, the partnership qualifies as an economic entity.
- The merger created a powerful new economic entity in the market.
- Banks must evaluate each economic entity separately when assessing risk.
- The holding company controls multiple economic entities across different sectors.
- For regulatory compliance, we operate as a single economic entity.
- The joint venture functions as an autonomous economic entity.
- Financial statements must reflect the performance of each economic entity.