Generally, a company is a form of business organization. The precise definition varies. In the United States, a company is "a corporation—or, less commonly, an association, partnership, or union—that carries on a commercial or industrial enterprise." Generally, a company may be a "corporation, partnership, association, joint-stock company, trust, fund, or organized group of persons, whether incorporated or not, and (in an official capacity) any receiver, trustee in bankruptcy, or s… (More on Company)