Corporately-held

Describing an asset, property, or investment that is owned, managed, and controlled by a corporation or a business entity. It signifies that the legal ownership and associated rights, responsibilities, and profits or losses are attributed to the corporation itself, rather than to individual shareholders or employees. This can include real estate, intellectual property, stocks in other companies, or equipment. The decisions regarding the corporately-held assets are made by the corporation's management, board of directors, or designated representatives, in accordance with the company's governing documents and legal obligations. It contrasts with assets held by individuals, partnerships, or trusts.

Corporately-held meaning with examples

• The new office building is corporately-held, meaning the company legally owns the property and all associated liabilities fall on the company. Rent is paid, repairs are made, and any capital gains are realized, benefitting the shareholders through the company's performance. This structure allows for streamlined management and tax advantages.
• Research and development often relies on corporately-held intellectual property like patents and trade secrets. These assets, under corporate control, provide a competitive advantage, enabling exclusive production and marketing of innovative goods and services. The company protects and profits from its IP portfolio.
• The investment portfolio, consisting of various stocks and bonds, is corporately-held within the company's treasury. Decisions on buying or selling are determined by the company’s investment committee. Any profits generated increase the company's overall financial health, benefitting stockholders.
• Large manufacturing equipment like production lines are considered corporately-held assets, crucial for the firm's operational efficiency. Their acquisition, maintenance, and depreciation all represent corporate financial decisions. Efficiently using this equipment is core to company profitability.
• The company’s fleet of delivery vehicles, including vans and trucks, are corporately-held. These provide a vital link with customers. The organization is responsible for maintenance, insurance, and all operating expenses; these all impact the company’s bottom line.