Firma
Definition & Context
Noun
A word that functions as the name of a specific object or set of objects, such as living creatures, places, actions, qualities, states of existence, or ideas.
A business entity operated by two or more individuals using a shared name to conduct a “company” or “economic activity” under a single legal umbrella.
Synonyms & Variants
kongsi
A trade partnership or cooperation in business and politics that is informal or traditional.
persekutuan firma
Legal technical term for a business entity conducting economic activities with joint and several liability.
persekutuan perdata
A form of business entity established by two or more people under a common name to conduct business.
perserikatan
A form of cooperation or union of several parties to achieve common economic goals.
persekutuan
General term for business cooperation forms.
perseroan
Another form of business entity with a different legal basis.
Usage Notes or Etymology
The term stems from the Latin firmus meaning strong or stable, indicating the solidity of legal bonds between partners. Historically, continental commercial law adopted the Dutch firma to designate partnerships operating under a collective name. Pragmatically, this term denotes joint and several liability characterized by formal, private trust. Its usage emphasizes professional credibility and the legitimacy of traditional organizational structures where shared integrity serves as the fundamental anchor for business operations within a legal framework.
Real-world Usage
Mereka resmi mendirikan firma hukum untuk menangani berbagai kasus sengketa bisnis di Jakarta.
English Translation
Representative of real-world usage and contextual accuracy.
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