法人 (fǎ rén) is a legal term meaning 'legal person'—an entity that has rights and duties under the law, such as a company, organization, or government agency. It contrasts with 公司 (gōngsī), 企业 (qǐyè), and 集团 (jí tuán), which name specific types of business organizations; 法人 refers to the legal status those entities can hold. This is a formal concept used in law and finance, not everyday speech.