de facto corporation

noun

A business entity that is treated as a corporation for certain purposes despite its failure to meet all of the formal requirements imposed by law for a corporation to exist.

Meanings

nounde facto corporation (plural de facto corporations)

plural de facto corporations

  1. lawA business entity that is treated as a corporation for certain purposes despite its failure to meet all of the formal requirements imposed by law for a corporation to exist.
Cite this entry
APA

de facto corporation. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/de%20facto%20corporation

MLA

“de facto corporation.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/de%20facto%20corporation. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “de facto corporation,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/de%20facto%20corporation.

Source: de facto corporation on Wiktionary, CC BY-SA 4.0.