legalform
nounUK /ˈliː.ɡəl.fɔːm/
US /ˈliː.ɡəl.fɔːrm/
The official shape or type a business or paper must have to follow the rules.
The company chose a legalform that lets it sell shares to the public.
RELATED WORDS
OTHER MEANINGS
2. The required layout or format of an official document.
The lawyer checked the legalform of the contract before signing.
3. A category of organization defined by law, such as a partnership or corporation.
Changing the legalform meant filing new papers with the government.
4. The set of legal rules that give something its official standing.
The charity kept its legalform by renewing its license each year.