18:49
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LSDefine
Simple English definitions for legal terms
corporate seal
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A quick definition of corporate seal:
A corporate seal is a special stamp or design that a company uses to show that a document is official and authentic. It's like a secret code that only the company knows, and it helps to keep important papers safe and secure. When a company puts their seal on a document, it means that they promise to do what the document says. It's kind of like a grown-up version of a sticker or a stamp that you might use to show that you did a good job on a school project.A more thorough explanation:
A corporate seal is a special stamp or design that a company uses to show that a document is official and authentic. It is like a signature for a company. The purpose of a corporate seal is to prove that the document is real and that the company agrees to what is written in it.
For example, when a company signs a contract, they might use their corporate seal to show that they agree to the terms of the contract. The seal might have the company's name or logo on it, and it is usually stamped onto the document in a special place.
In the past, corporate seals were made of wax and had a special design on them. Nowadays, they are usually just a stamp or embossed design on the paper. But they still serve the same purpose - to show that the document is official and that the company agrees to it.