entity

noun
en*ti*ty \ ˈen-tə-tē \ ˈe-nə- \
1596{ds||1|a|}
  • being, existence; especially : independent, separate, or self-contained existence
  • the existence of a thing as contrasted with its attributes
  • something that has separate and distinct existence and objective or conceptual reality

flow-through entity

noun
flow-through entity \
1982
  • pass-through entity

pass-through entity

noun
pass-through entity \
1974
  • a business entity (such as a sole proprietorship, partnership, or S corporation) whose income is taxed as the owner's personal income at the individual rate rather than as business income for federal income taxes —called also flow-through entity, pass-through
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