This term is used in order to discuss a corporation that is registered or allowed to do business in a state or country other than where it was originally created. The same rules that apply to limited liability companies apply to these corporations.

Previous Terms: 1031 Exchange, 1035 Exchange, AARP, Abeyance, Abstraction Principle, Accelerated Amortization, Acceptance Credit, Acceptance of a Bill of Exchange, Accommodation Bill, Accommodation Endorser