Hello, you have come here looking for the meaning of the word
good standing. In DICTIOUS you will not only get to know all the dictionary meanings for the word
good standing, but we will also tell you about its etymology, its characteristics and you will know how to say
good standing in singular and plural. Everything you need to know about the word
good standing you have here. The definition of the word
good standing will help you to be more precise and correct when speaking or writing your texts. Knowing the definition of
good standing, as well as those of other words, enriches your vocabulary and provides you with more and better linguistic resources.
English
Noun
good standing (uncountable)
- The status of a member of a profession who is not suspended or disbarred, and is registered with a proper authority and has paid any registration fees.
A corporation may be convicted of crimes, have its entire board of direcors be indicted for price fixing, be sued for nonpayment of state payroll taxes, have its property seized by the IRS for unpaid income taxes, and be under state and federal investigation for securities fraud, and other things, but as long as its paperwork and fees are current with the chartering agency, it will still be a corporation in good standing.
- (by extension) The status of a person who is known to be of good character and to be trustworthy.
Translations
See also