Uts Group Ltd.

Other Businesses near Uts Group Ltd.  The Wannies, Wansbeck Avenue, Northumberland, NE62 5EX

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Information about words in this company name or address

group

1. any collection or assemblage of persons or things; cluster; aggregation: a group of protesters; a remarkable group of paintings.
2. a number of persons or things ranged or considered together as being related in some way
A corporate group is a collection of parent and subsidiary corporations that function as a single economic entity through a common source of control. The concept of a group is frequently used in tax law, accounting and company law to attribute the rights and duties of one member of the group to another or the whole. In Germany, where a sophisticated law of the "concern" has been developed, the law of corporate groups is a fundamental aspect of its corporate law. Many other European jurisdictions also have a similar approach, while Commonwealth countries and the United States adhere to a formalistic doctrine that refuses to "pierce the corporate veil": corporations are treated outside tax and accounting as wholly separate legal entities.
1. group, grouping
usage: any number of entities considered as a unit
2. group, radical, chemical group, unit, building block
usage: two or more atoms bound together as a single unit and forming part of a molecule
3. group, mathematical group, set
usage: a set that is closed, associative, has an identity element and every element has an inverse
1. group, classify, class, sort, assort, sort out, separate
usage: arrange into a group or groups; "Can you group these shapes together?"
2. group, aggroup, meet, gather, assemble, forgather, foregather
usage: form a group or group together