[noun] A legal person. Corporations formed for business purposes are usually referred to specifically as 会社 (かいしゃ, kaisha) or "companies." 法人 refers to all entities with legal personality.
(This term, ほうじん(hōjin), is the hiragana spelling of the above terms.)
(The following entries are uncreated: 庖人, 烹飪, 報身.)