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单词 corporate veil
释义

corporate veil

English

Noun

corporate veil (plural corporate veils)

  1. (law) The principle of a corporation being a separate legal person from its members (ie. shareholders).

Usage notes

To pierce or lift this veil is (usually for the courts) to "see through" the company and let its members directly be liable for (or benefit from) the company's legal position.

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