CC glossary terms

Browse full definitions for every CC term in the Amicus glossary.

C Coporation

/ˌsiː ˌkɔːrpəˈreɪʃən/

Definitions

  1. (n.) A type of business entity recognized by law as a separate legal person, characterized by limited liability for its shareholders and perpetual existence, often subject to specific tax regulations under Subchapter C of the Internal Revenue Code in the U.S.
    The company chose to organize as a C Corporation to benefit from limited liability and easier access to capital.

Forms

  • c coporation
  • c corporation

Commentary

The term specifically refers to a corporation taxed separately from its owners, unlike S Corporations which have pass-through taxation.


Ccpa

/ˈsiː-siː-pi-eɪ/

Definitions

  1. (n.) California Consumer Privacy Act, a statute enhancing privacy rights and consumer protection for residents of California.
    The CCPA requires businesses to disclose what personal data they collect from consumers.

Commentary

Often abbreviated as CCPA, this law is critical in U.S. data privacy regulation, focusing on consumer transparency and control over personal information.

Glossary – CC Terms