Generally, a company is a form of business organization. In the legal field, a company is specifically "a corporation -- or, less commonly, an association, partnership, or union -- that carries on a commercial or industrial enterprise."Black's Law Dictionary. Second Pocket Edition. Bryan A. Garner, editor. West. 2001. Generally, a company may be a "corporation, partnership, association, joint-stock company, trust, fund, or organized group of persons, whether incoporated or not, and (in an official capacity) any receiver, trustee in bankruptcy, or similar official, or liquidating agent, for any of the foregoing." Etymology The word company is traced from a 1150 A.D.(CE) O.Fr. term compaignie or "body of soldiers" and from L.L. companio (companion). The word's meaning of "subdivision of an infantry regiment" is from 1590. The use of the word in a sense of "business associa

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