A juristic or juridical person is an artificial entity through which the law
allows a group of natural persons to act as if it were a single composite
individual for certain purposes, or in some jurisdictions, for a single
person to have a separate legal personality other than their own.[1] This
legal fiction does not mean these entities are human beings, but rather
means that the law recognizes them and allows them to act as natural persons
for some purposes—most commonly lawsuits, property ownership, and contracts.
The concept goes by many names, including corporate personhood.[2] A
juristic person is sometimes called a legal person, artificial person, or
legal entity (although the last term is sometimes understood to include
natural persons as well). Although the concept of a juristic person is more
central to Western law as well as common law and civil law countries, it is
also found in virtually every legal system.
Some countries, including Germany, France, and Spain, have treated juristic
persons as real, natural persons.[3] In England and the United States, the
use of this terminology does not mean that artificial legal entities are
considered human beings. It's simply a "technical legal meaning" where "a
'person' is any subject of legal rights and duties."[4] Because artificial
entities have legal rights and duties, they are considered persons. To
distinguish them from natural persons, we call them juristic persons.
From: Wikipedia
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JURISTIC
PERSON