Definition of corporation in English:

corporation

noun

  • 1A large company or group of companies authorized to act as a single entity and recognized as such in law.

    ‘the Cardiff Bay Development Corporation’
    ‘multinational corporations’
    • ‘At various times, Mr. Abraham was an officer, director or shareholder of these two corporations.’
    • ‘In 1989 he was a director of Asea Brown Boveri Ltd, a multinational corporation.’
    • ‘Many corporations are using defamation laws as a cheap and convenient way to silence their critics.’
    • ‘As a general rule a corporation is a legal entity distinct from its shareholders.’
    • ‘The applicant was the largest creditor of the corporation and substantially financed its incorporation.’
    • ‘Many large corporations have avoided federal income taxes in recent years due to this deduction.’
    • ‘In addition, the corporation will lose its corporate name and its right to use the California courts.’
    • ‘We accept for the purposes of this case that the relevant corporation was a trading corporation.’
    • ‘It was the whole concept of selling to marketing managers at big corporations.’
    • ‘These payments were treated as income to the corporation and then ordinary income to the shareholders.’
    • ‘The plaintiff is a corporation with its head office in Stratford.’
    • ‘Multinational corporations have taken over the economy while being protected by the law.’
    • ‘We cheer Indian companies that hold their own against multinational corporations.’
    • ‘The majority of creditors are large corporations and insurance and reinsurance companies.’
    • ‘A corporation is an entity separate from other persons who are its shareholders or associated with it.’
    • ‘They can accommodate the individual, the small business, and the multinational corporation.’
    • ‘This is the crux of the debate between federal prosecutors and corporations.’
    • ‘When he resigned, he was Chief Operating Officer of the corporation.’
    • ‘Many of them cannot compete with salaries and benefits offered by multinational corporations.’
    • ‘It's been nice, though to my chagrin not a single multinational corporation has offered me an endorsement deal of any kind.’
    company, firm, business, concern, operation, agency, office, bureau, house, guild, institution, organization, trust, partnership, federation, conglomerate, consortium, syndicate, group, chain, combine, multiple, multinational
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  • 2British A group of people elected to govern a city, town, or borough.

    ‘the City of London Corporation’
    • ‘It is how we as democratic citizens monitor and police the actions of our governments and corporations.’
    • ‘The Municipal Corporations Act of 1835 had given elected corporations to the large towns.’
    • ‘Thirty-three years ago he even won a seat on the city corporation for one term at a time when the Tories were serious contenders for power in George Square.’
    • ‘And if the council wins backing from the Government, the corporation will be up and running by the end of the year.’
    • ‘Incidentally, now that we are paying all these corporations to run the city, when are we to see redundancies among our councillors?’
    • ‘He said there was a plan to increase the budgetary allocation for city corporations.’
    • ‘Holland was ruled by the Regent corporations of the eighteen cities represented in the Holland States.’
    • ‘Workers had been locked out by the Crown corporation for 11 days before the government stepped in.’
    • ‘Perhaps, the city corporation would do well to consider the suggestion.’
    council, town council, municipal authority, civic authority
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  • 3dated, humorous A paunch.

Origin

Late Middle English: from late Latin corporatio(n-), from Latin corporare ‘combine in one body’ (see corporate).

Pronunciation

corporation

/kɔːpəˈreɪʃ(ə)n/