Natural Person

Business, Legal & Accounting Glossary

Definition: Natural Person


Quick Summary of Natural Person


A living, breathing human being, as opposed to a legal entity such as a corporation. Different rules and protections apply to natural persons and corporations, such as the US Fifth Amendment right against self-incrimination, which applies only to natural persons.



What is the dictionary definition of Natural Person?

Dictionary Definition


n. a real human being, as distinguished from a corporation, which is often treated at law as a fictitious person.


Full Definition of Natural Person


In jurisprudence, a natural person is a human being perceptible through the senses and subject to physical laws, as opposed to an artificial, legal or juristic person, i.e., an organization that the law treats for some purposes as if it were a person distinct from its members or owner.

For example, such legal provisions as Amendment XIX to the United States Constitution, which guarantees a woman’s right to vote, apply to natural persons only. In many cases fundamental human rights are implicitly granted only to natural persons; for example, a corporation cannot hold public office, but it can file a lawsuit.


Cite Term


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Page URL
https://payrollheaven.com/define/natural-person/
Modern Language Association (MLA):
Natural Person. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. July 04, 2020 https://payrollheaven.com/define/natural-person/.
Chicago Manual of Style (CMS):
Natural Person. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/natural-person/ (accessed: July 04, 2020).
American Psychological Association (APA):
Natural Person. PayrollHeaven.com. Retrieved July 04, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/natural-person/

Definition Sources


Definitions for Natural Person are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 28th April, 2020 | 2 Views.