You must meet the following educational requirements set by Pennsylvaniaâs State Board of Accountancy in order to become a licensed CPA: 1  Possess a minimum of a bachelorâs degree and complete 150 semester hours of education, that incorporates 24 semester hours in accounting, to include:
Quick Answer. A legal entity name is a term that refers to a group of real people, called natural persons, that acts as one entity for legal matters. Examples of such legal matters include contracts or lawsuits. Legal entities include corporations, unions and political parties. Continue Reading
Wiktionary (0.00 / 0 votes) Rate this definition: entity (Noun). That which has a distinct existence as an individual unit. Often used for organisations which have no physical form.entity (Noun). An existent something that has the properties of being real, and having a real existence.entity (Noun). Anything about which information or data can be stored in a database; in particular, an organized array or set of individual elements or parts. entity (Noun). The state or quality of being or existence.The group successfully maintains its tribal entity.nything about which information or data can be stored in a database; in particular, an organized array or set of individual elements or parts. entity (Noun). The state or quality of being or existence. The group successfully maintains its tribal entity.