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Barge
From Wikipedia, the free encyclopedia
A barge is a shoal-draft flat-bottomed boat, built mainly for river and canal transport of bulk goods. Originally barges were towed by draft horses on an adjacent towpath. Today, barges may be self-propelled, usually with a slow-revving diesel engine and a large-diameter fixed-pitch propeller. Otherwise, "dumb barges" must be towed by tugs, or pushed by pusher boats. Compared to a towed barge, a pusher system has improved handling and is more efficient, as the pushing tug becomes "part of the unit" and it contributes to the momentum of the whole.
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Company
From Wikipedia, the free encyclopedia
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as:
voluntary associations, which may include nonprofit organizations
business entities, whose aim is generating profit
financial entities and banks
programs or educational institutions.A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations.
Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups.
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