Assumed Name (Noun)
Meaning 1
(law) a name under which a corporation conducts business that is not the legal name of the corporation as shown in its articles of incorporation.
Classification
Nouns denoting communicative processes and contents.
Examples
- The company operated under the assumed name "Smith's Hardware" despite being officially registered as "ABC Inc."
- The court ruled that the use of an assumed name did not relieve the corporation of its liability for debts incurred under that name.
- The state required corporations to file a certificate of assumed name with the secretary of state's office before conducting business under a fictitious name.
- The company's assumed name "Green Earth Landscaping" was used on all its advertising and marketing materials, but its official name was "Lawn Care Services Inc."
- The use of an assumed name allowed the corporation to operate multiple businesses under different names without having to form separate corporations for each one.
Synonyms
Meaning 2
A name that has been assumed temporarily.
Classification
Nouns denoting communicative processes and contents.