ELI5: Explain Like I'm 5

Company seal

Have you ever seen a special stamp that a company uses on important papers like contracts or bank documents? That is called a company seal. It's like a secret stamp that only important people in the company can use.

Think of it as a magical symbol that shows everyone that the document is official and approved by the company. Just like how a teacher puts a stamp on your homework to show that you did a good job, the company seal is like a stamp that shows that the company is serious and means business.

Sometimes, companies might even have different seals for different things. For example, they might have a seal just for signing checks or another seal for when they sign contracts with other companies.

Overall, the company seal is a very important tool that helps companies show that they are serious and trustworthy.