Amalgamation
Legal Definition and Related Resources of Amalgamation
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Meanings, Synonyms, Etymology, Translations and More
Meaning of Amalgamation
union of two or more entities that results in a new homogenous entity; usually the term is used in relation to corporations; also in relation to stock. To constitute an amalgamation there must be a blending substantially of two or more existing concerns. Amalgamation occurs when the rights , franchises, and effects of two or more corporations are by legal authority and agreement of the parties combined and united into one whole and committed to a single corporation , the stockholders of which are composed of those, so far as they choose to become such, of the companies thus agreeing.
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Amalgamation in Historical Law
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Legal Abbreviations and Acronyms
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What does Amalgamation mean in American Law?
The definition of Amalgamation in the law of the United States, as defined by the lexicographer Arthur Leff in his legal dictionary is:
The bringing together of divers entities, e.g., corporations or unions, so as to form a new, single, undifferentiated entity. Despite the number of entities named "Amalgamated Widgits," "Amalgamated Clothing Workers Union," etc., the word amalgamated is only infrequently used as descriptive of a legal transaction, merger, consolidation, and corporate reorganization being the legally preferred terms for the process by which jural entities are amalgamated.
In generic sense the term Amalgamation denotes the blending of two or more things into one single unit.
In generic sense the term Amalgamation denotes the blending of two or more things into one single unit.
Meaning of Amalgamation
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See Also
Merger
Corporations