Related Entity

"connected entity" , in relation to a corporation, means: (a) a body corporate that is, or has been, related to the corporation; or. (b) an entity that is, or has been, connected (as defined by section 64B) with the corporation.

Examples of an entity are a single person, single product, or single organization. Entity type. A person, organization, object type, or concept about which information is stored.A characteristic or trait of an entity type that describes the entity, for example, the Person entity type has the Date of Birth attribute.

1a : being, existence especially : independent, separate, or self-contained existence. b : the existence of a thing as contrasted with its attributes. 2 : something that has separate and distinct existence and objective or conceptual reality.

1a : being, existence especially : independent, separate, or self-contained existence. b : the existence of a thing as contrasted with its attributes. 2 : something that has separate and distinct existence and objective or conceptual reality.

An affiliated entity is an organization that directly or indirectly controls another entity, or is directly or indirectly controlled by another entity, or which is under common control alongside another entity. Thus, an affiliated entity could be a parent company or a subsidiary company.

Companies are affiliated when one company is a minority shareholder of another. In most cases, the parent company will own less than a 50% interest in its affiliated company.The term is sometimes used to refer to companies that are related to each other in some way.

Related Entities are generally defined as one entity that controls another entity or two or more entities that are under common control. Control is. defined to include direct or indirect ownership of more than 50 percent of the vote and value in an Entity.