Glossary

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

A

Articles of Incorporation

A short document filed with a state to formally create a corporation. In some states, it is called a “certificate of incorporation.”

B

Bylaws

Rules adopted by the corporation for the purpose of regulating the corporation’s management. The bylaws set the number of directors and contain rules related to voting, the conduct of shareholder meetings and other important corporate matters.

C

C corporation

A C corporation is a regular corporation that does not wish to be taxed as a pass-through entity. It is subject to two levels of taxes, one at the corporate level (for corporate profits) and one at the shareholder level (for dividends).

D

E

F

G

H

I

J

K

L

M

N

O

P

Q

R

S

T

U

V

W

X

Y

Z

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