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Hhtt Posted 9 years ago
Vocabulary
Incorporate a business
"Many people incorporate their business to avoid certain taxes".
Would you please explain this sentence? I especially cannot understand the meaning of "incorporate" used here.
Which of the following definitions fit with it in the link?
http://www.wordwebonline.com/en/INCORPORATED
Thank you.
Top answer
It is sense 3, "form a corporation". com/definition/us/corporation )
- It is sense 3, "form a corporation".
- com/definition/us/corporation )
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1 Answers
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It is sense 3, "form a corporation". "corporation" in this case means "A company or group of people authorized to act as a single entity (legally a person) and recognized as such in law" (https://en.oxforddictionaries.com/definition/us/corporation)
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