Corporation

/ˌkɔːr.pəˈreɪ.ʃən/

Meaning & Definition

noun

A legal entity that is separate and distinct from its owners, typically formed to conduct business.

The corporation filed for bankruptcy after several years of financial losses.

A group of people authorized to act as a single entity (a legal person) and recognized as such in law.

The nonprofit corporation aims to provide educational resources to underprivileged communities.

The act of forming a legal corporation or the state of being incorporated.

The corporation of the new tech startup took place last month.

A large company or group of companies that operates on a global scale.

The corporation has offices in over 50 countries worldwide.

From Latin 'corporatio', meaning 'body' or 'form'.

multinational corporation

A corporation that operates in multiple countries.

corporate culture

The beliefs and behaviors that determine how a company's employees and management interact.

corporate governance

The system by which companies are directed and controlled.

incorporation

The legal process of forming a corporation.

CEO

Chief Executive Officer, the highest-ranking person in a company.

shareholder

An owner of shares in a corporation.

The suits

The suits at the corporation decided to cut costs.

Corp

He's working for a big corp now.