Natural Person

(redirected from Natural persons)
Also found in: Dictionary, Legal, Financial.

Natural Person

 

a term used in the legislation of many countries to designate a person having civil rights and duties. The natural person is contrasted with the legal person, an organization having civil rights and obligations. Soviet civil legislation does not employ the term “natural person,” substituting the word “citizen.” To participate in legal relationships a citizen must have formal legal capacity.

References in periodicals archive ?
Romania started a procedure to adopt rules on the bankruptcy of natural persons and the provisions are expected to become final soon, according to reports of investor.
well as 295 natural persons - as above - acquired from Agora Holding 911,123
In Macedonia the bankruptcy of a natural person was foreseen in the Bankruptcy Law of 2011, Telma TV reports.
Natural persons mostly owe money to mobile operators, heating utilities and power distributors, as well as banks.
One person asked NCUA General Counsel Bob Fenner whether the regulator could "create a wall" between natural person and corporate credit unions since a majority of natural person credit unions don't invest in corporates.
When the procedure was issued, this section only exempted partnerships if (1) the partnership had 10 or fewer partners, each of whom was a natural person (other than a nonresident alien) or an estate and (2) each partner's share of each partnership item was the same as his or her share of every other item.
Of them, 170,000 are accounts of natural persons and 64,719 are accounts of legal entities.
The person providing natural persons Transdanubian Regional Waterworks Private Limited Company employed (group accident insurance).
Starting 2013, a new tax will enter into force a interest earnings from deposits of natural persons will be taxed at 10%.
A small partnership is a partnership with 10 or fewer partners (who are natural persons, C corporations or estates) at any one time during the partnership tax year.
Shares that are not subscribed for during the subscription offering, if any, will be offered to the general public, with preference given to natural persons and trusts of natural persons who are permanent residents of Clinton County, Indiana, in a community offering.
All interested legal and natural persons have to submit online forms for participation in the public bidding for every office building separately within 30 days of the announcement of the call.