ownership incorporation
Are countries owned?
<p>I'm trying to understand something.</p>
<p>Businesses in the United States have one or more owners, correct?</p>
<p>That said a business is an entity.  A corporation is a person owned by many persons called Shareholders.  Is a country an institution or an entity?  And who owns it, if it's an entity?</p>

<blockquote>
<p>Is a country an institution or an entity?</p>
</blockquote>
<p>Neither.</p>
<p>It's a <a href="https://en.wikipedia.org/wiki/Sovereign_state" rel="noreferrer">sovereign state</a> (a &quot;political entity&quot;, not an entity in the sense of a legal persona).</p>
