Corporación (en. Corporation)

/koɾpoɾaˈθjon/

Meaning & Definition

EnglishSpanish
noun
A group of people who come together to achieve a common goal.
The business corporation decided to expand its international operations.
La corporación empresarial decidió expandir sus operaciones internacionales.
Legal entity composed of a group of individuals operating as a single entity.
The corporation has the capacity to sue and be sued.
La corporación tiene la capacidad de demandar y ser demandada.
Organization that can be public or private and operates in the economic field.
Many corporations have social responsibility policies.
Muchas corporaciones tienen políticas de responsabilidad social.

Etymology

From Latin 'corporatio', which means 'formation of a body'.

Common Phrases and Expressions

public corporation
Entity funded by public funds.
corporación pública
private corporation
Organization that belongs to the private sector.
corporación privada
international corporation
Entities operating in multiple countries.
corporación internacional

Related Words

company
Organization dedicated to economic activities.
empresa
shares
Part of a corporation’s capital that is sold to investors.
acciones
board
Group of people who direct a corporation.
directorio

Slang Meanings

Large company with significant influence in the economy.
That corporation controls almost all production in the country.
Esa corporación controla casi toda la producción en el país.
Entities that are seen as cold or impersonal.
Many do not like working in a corporation; they prefer more family-like environments.
A muchos no les gusta trabajar en una corporación, prefieren ambientes más familiares.