legalstructure
nounUK /ˈliː.ɡəl ˈstrʌk.tʃə/
US /ˈliː.ɡəl ˈstrʌk.tʃɚ/
The way a business or group is set up and organized under the law.
The lawyer explained that a partnership is a simple legal structure for two friends starting a bakery.
OTHER MEANINGS
2. The official rules and arrangement that decide how an organization is governed.
The charity changed its legal structure so the board could make faster decisions.
3. The way laws and courts are arranged in a country or system.
The country's legal structure includes local courts, appeals courts, and a supreme court.
4. The formal setup of a deal or agreement that makes it valid under the law.
They chose a lease-based legal structure for the shared office space.