Corporation in the context of "Bank supervision"

A polity is a group of people with a collective identity, who are organized by some form of political, institutionalized, social relations, and have a capacity to mobilize resources. It is the unit or entity of a political community or body politic.

A polity can be any group of people organized for governance, such as by the board of a corporation, and in the case of a federal country, the government that exists at both its federal level and the level of its subdivided regions. A polity may have various forms, such as a republic administered by an elected representative, a realm of a hereditary monarch, an incorporated city managed by an appointed mayor, and many others.

An organization or organisation (Commonwealth English; see spelling differences) is an entity—such as a company, or corporation or an institution (formal organization), or an association—comprising one or more people and having a particular purpose.

Organizations may also operate secretly or illegally in the case of secret societies, criminal organizations, and resistance movements. And in some cases may have obstacles from other organizations (e.g.: MLK's organization).

In law, a legal person is any person or legal entity that can do the things a human person is usually able to do in law – such as enter into contracts, sue and be sued, own property, and so on. The reason for the term "legal person" is that some legal persons are not human persons: companies and corporations (i.e., business entities) are persons, legally speaking (they can legally do most of the things an ordinary person can do), but they are not, in a literal sense, human beings.

Legal personhood is a prerequisite to legal capacity (the ability of any legal person to amend – i.e. enter into, transfer, etc. – rights and obligations): it is a prerequisite for an international organization being able to sign international treaties in its own name.

Accounting, also known as accountancy, is the process of recording and processing information about economic entities, such as businesses and corporations. Accounting measures the results of an organization's economic activities and conveys this information to a variety of stakeholders, including investors, creditors, management, and regulators. Practitioners of accounting are known as accountants. The terms "accounting" and "financial reporting" are often used interchangeably.

Accounting can be divided into several fields including financial accounting, management accounting, tax accounting and cost accounting. Financial accounting focuses on the reporting of an organization's financial information, including the preparation of financial statements, to the external users of the information, such as investors, regulators and suppliers. Management accounting focuses on the measurement, analysis and reporting of information for internal use by management to enhance business operations. The recording of financial transactions, so that summaries of the financials may be presented in financial reports, is known as bookkeeping, of which double-entry bookkeeping is the most common system. Accounting information systems are designed to support accounting functions and related activities.

An election is a formal group decision-making process whereby a portion or all of a population or group votes to chooses an individual or multiple individuals to hold public office or other position of responsibility.

Elections have been the usual mechanism by which modern representative democracy has operated since the 17th century. Elections may fill offices in the legislature, sometimes in the executive and judiciary, and for regional and local government, such as cities or towns. This process is also used in many other Standardized Associations, public businesses, and organizations , from clubs to voluntary association and corporations.

Modern architecture, also called modernist architecture, or the modern movement, is an architectural movement and style that was prominent in the 20th century, between the earlier Art Deco and later postmodern movements. Modern architecture was based upon new and innovative technologies of construction (particularly the use of glass, steel, and concrete); the principle of functionalism (i.e. that form should follow function); an embrace of minimalism; and a rejection of ornament.

According to Le Corbusier, the roots of the movement were to be found in the works of Eugène Viollet-le-Duc, while Mies van der Rohe was heavily inspired by Karl Friedrich Schinkel. The movement emerged in the first half of the 20th century and became dominant after World War II until the 1980s, when it was gradually replaced as the principal style for institutional and corporate buildings by postmodern architecture.

A medieval university was a corporation organized during the Middle Ages for the purposes of higher education. The first Western European institutions generally considered to be universities were established in present-day Italy, including the Kingdoms of Sicily and Naples, and the Kingdoms of England, France, Spain, Portugal, and Scotland between the 11th and 15th centuries for the study of the arts and the higher disciplines of theology, law, and medicine. These universities evolved from much older Christian cathedral schools and monastic schools, and it is difficult to define the exact date when they became true universities, though the lists of studia generalia for higher education in Europe held by the Vatican are a useful guide.

The word universitas originally applied only to the scholastic guilds—that is, the corporation of students and masters—within the studium, and it was always modified, as universitas magistrorum, universitas scholarium, or universitas magistrorum et scholarium. Eventually, probably in the late 14th century, the term began to appear by itself to exclusively mean a self-regulating community of teachers and scholars recognized and sanctioned by civil or ecclesiastical authority.

Work or labour (labor in American English) is the intentional activity people perform to support the needs and desires of themselves, other people, and/or organizations. In the context of economics, work can be seen as the human activity that contributes (along with other factors of production) towards the goods and services within an economy.

Work has existed in all human societies, either as paid or unpaid work, from gathering natural resources by hand in hunter-gatherer groups to operating complex technologies that substitute for physical or even mental effort within an agricultural, industrial, or post-industrial society. One's regular participation or role in work is an occupation, or job. All but the simplest tasks in any work require specific skills, tools, and other resources, such as material for manufacturing goods. Humanity has developed a variety of institutions for group coordination of work, such as government programs, nonprofit organizations, cooperatives, and corporations.

In sociology, a social system is the patterned network of relationships constituting a coherent whole that exist between individuals, groups, and institutions. It is the formal structure of role and status that can form in a small, stable group. An individual may belong to multiple social systems at once; examples of social systems include nuclear family units, communities, cities, nations, college campuses, religions, corporations, and industries. The organization and definition of groups within a social system depend on various shared properties such as location, socioeconomic status, race, religion, societal function, or other distinguishable features.