a person or organization that can enter into contracts, and take part in legal action
Once a joint-stock company is formed then it becomes a separate legal entity apartfrom its shareholders, able to enter into contracts with suppliers and customers.
Examples of 'legal entity' in a sentence
legal entity
There's no legal entity against which I can take action at a tribunal.
Times, Sunday Times (2010)
The accounts emphasise that the charity's primary aim in its first 15 months was to recruit staff and establish itself as a legal entity.
Times, Sunday Times (2011)
That the EU is a complex diplomatic and legal entity, and complex vocabulary is an inevitable side effect of the process of compromise.