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addaword.gifdefinition of pierce the corporate veil

phrase
(also lift the corporate veil)
in law, the decision to treat the rights and duties of a company as being the same as the rights and duties of its shareholders
In order for the corporate veil to be pierced there must be some skulduggery, in the absence of which the legal personality of the company will remain intact.
Submitted from United Kingdom on 13/06/2013 09:10:00
Definition of pierce the corporate veil from the Open Dictionary – a public resource hosted by Macmillan English Dictionary Online

food rave

a very large party where people eat, sell or share many different types of food, usually held outside or in a large public building

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decrepit

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