Corporate Division
/ˈkɔːrpərət dɪˈvɪʒən/
Definitions
- (n.) A legally recognized subdivision or segment of a corporation, often established to organize business activities or assets distinctly within the parent company.
The corporate division focused on technological innovations operated independently from the finance division.
- (n.) The act or process by which a corporation separates a portion of its assets or business units into a distinct legal entity or segment, sometimes for strategic, operational, or regulatory reasons.
The corporate division of the manufacturing arm enabled clearer financial reporting and risk management.
Forms
- corporate divisions
Related terms
See also
Commentary
The term covers both the structural component within a corporation and the act of creating such a component; clarity in drafting depends on context to distinguish these meanings.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.