Examlex
Most digital speedometers have a speed limit. If the vehicle exceeds the speed value, the speedometer continues to display the top of its range.
For-Profit Corporation
A business entity aimed at generating profit for its shareholders.
Stock
A type of security that signifies ownership in a corporation, representing a claim on part of the corporation's assets and profits.
Domestic Corporation
A corporation is deemed a domestic corporation in the state that has granted its charter. If the corporation does business in other states, it is considered a foreign corporation in the other states.
Foreign Corporation
A business entity that is registered and operates in a jurisdiction or country different from where it was originally incorporated.
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