In 2005, the Base Realignment and Closure. Commission (BRAC) mandated consolidation of these. 2 institutions into a new Walter Reed National Military. Medical Center that would be constructed onthe grounds. of the National Naval Medical Center in Bethesda, Maryland.' This new medical facility is intended to pro-.
proprietary companynoun [ C ] uk â us â. âº a company that owns enough shares of another company to control it: Mutuals delivered better returns than proprietary companies. âº LAW in Australia, New Zealand, and South Africa, a type of limited company (= one whose owners only have to pay part of the money they owe if it fails).
The term offshore company or offshore corporation is used in at least two distinct and different ways. An offshore company may be a reference to: a corporation or other type of legal entity which is incorporated under the laws of a different country than in the jurisdiction of incorporation, and/or which statutory seat may not or does not deploy economic activities, and of which the actual beneficiary resides in another country than where the offshore company has its legal seat. a company or