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

Synonyms:

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