Natural Person Legal Meaning and Definition

Here is a simplified definition of the legal term Natural Person.

Natural Person (noun):

A "Natural Person" is a legal term for a real, living human being. It is used to differentiate an actual individual person from a "legal person," which could be a company or other types of organization. The law recognizes and gives rights to natural persons, just like it does for legal person entities. Natural persons possess abilities such as awareness via their senses, which legal persons like corporations do not have.