Corporation Definition

kôrpə-rāshən
corporations
noun
corporations
A legal entity that exists independently of the person or persons who have been granted the charter creating it and that is invested with many of the rights given to individuals: a corporation may enter into contracts, buy and sell property, etc.
Webster's New World
A group of people, as the mayor and aldermen of an incorporated town, legally authorized to act as an individual.
Webster's New World
Such a body created for purposes of government.
American Heritage
A group of people combined into or acting as one body.
American Heritage
Any of the political and economic bodies forming a corporative state, each being composed of the employers and employees in a certain industry, profession, etc.
Webster's New World

Other Word Forms of Corporation

Noun

Singular:
corporation
Plural:
corporations

Origin of Corporation

  • From Late Latin corporatio (“assumption of a body”), from Latin corporare, past participle corporatus (“to form into a body”); see corporate.

    From Wiktionary

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