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addaword.gifdefinition of pierce the corporate veil

(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


a course of study which is much shorter than a university course and focuses on the skills you need for a job, especially computer-related skills

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