Definition: Legal entity

SNA

A legal or social entity is one whose existence is recognized by law or society independently of the persons, or other entities, that may own or control it.

Source:
European Commission (Eurostat), International Monetary Fund (IMF), Organisation for Economic Co-operation and Development (OECD), United Nations (Statistics Division), World Bank, "System of National Accounts 2008", United Nations, New York, 2009

Created:
2005-02-02

Updated:
2019-05-10