Glossary of Corporate Terms

If you're getting ready to launch a new business, chances are you know your product or service and your market like the back of your hand. But the mechanics of forming a business entity-knowing the terminology-may be more difficult to understand.

To help you sort through the terminology, Harvard Business Services, Inc. has included a comprehensive glossary to help guide you. To use the glossary, match the first letter of the term you want to look up with the alphabet list below, and click on that letter.

Of course, our team of business formation professionals is standing by to help you make informed decisions if you need more information

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Quorum

The minimum number of directors or shareholders required to be present at a meeting before any valid action can be taken.

 

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Since 1981, Harvard Business Services, Inc. has helped form 402,989 Delaware corporations and LLCs for people all over the world.

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