An entity can be defined as a thing, object or concept that has some meaning and is distinguishable from other objects. Entities can be tangible or intangible, such as a physical object or a concept like a business model. In computer science, an entity is a data element or a component of a system that is represented in a database or an information system. The idea of an entity is used in various fields, including philosophy, law, and finance. In law, an entity refers to an organization or a legal being that has a distinct identity, such as a company or a corporation. In finance, an entity is a legal structure, such as a limited liability company (LLC), that provides a separate legal personality from its owners. Overall, a defining attribute of an entity is that it has its own distinct set of attributes, properties or characteristics that make it unique from other entities.
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