Definition, Meaning & Synonyms

disincorporate

Verb

/ˌdɪs.ɪnˈkɔːr.pə.reɪt/

Definition

To dissolve or remove the corporate status of an entity or organization.

Examples

The city decided to disincorporate the small town due to financial difficulties.
After years of mismanagement, the board voted to disincorporate the nonprofit organization.

Meaning

Disincorporate refers to the act of taking away the legal structure that allows an organization to operate as a corporation. This may involve dissolving the organization altogether or changing its legal status.