Definition of corporation in English:

corporation

noun

  • 1A company or group of people authorized to act as a single entity (legally a person) and recognized as such in law.

    • ‘Many large corporations have avoided federal income taxes in recent years due to this deduction.’
    • ‘These payments were treated as income to the corporation and then ordinary income to the shareholders.’
    • ‘In 1989 he was a director of Asea Brown Boveri Ltd, a multinational corporation.’
    • ‘It was the whole concept of selling to marketing managers at big corporations.’
    • ‘We accept for the purposes of this case that the relevant corporation was a trading corporation.’
    • ‘They can accommodate the individual, the small business, and the multinational corporation.’
    • ‘Multinational corporations have taken over the economy while being protected by the law.’
    • ‘As a general rule a corporation is a legal entity distinct from its shareholders.’
    • ‘The majority of creditors are large corporations and insurance and reinsurance companies.’
    • ‘The applicant was the largest creditor of the corporation and substantially financed its incorporation.’
    • ‘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.’
    • ‘A corporation is an entity separate from other persons who are its shareholders or associated with it.’
    • ‘Many corporations are using defamation laws as a cheap and convenient way to silence their critics.’
    • ‘We cheer Indian companies that hold their own against multinational corporations.’
    • ‘At various times, Mr. Abraham was an officer, director or shareholder of these two corporations.’
    • ‘It's been nice, though to my chagrin not a single multinational corporation has offered me an endorsement deal of any kind.’
    • ‘The plaintiff is a corporation with its head office in Stratford.’
    • ‘In addition, the corporation will lose its corporate name and its right to use the California courts.’
    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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    1. 1.1 A group of people elected to govern a city, town, or borough.
      • ‘He said there was a plan to increase the budgetary allocation for city corporations.’
      • ‘And if the council wins backing from the Government, the corporation will be up and running by the end of the year.’
      • ‘It is how we as democratic citizens monitor and police the actions of our governments and corporations.’
      • ‘Incidentally, now that we are paying all these corporations to run the city, when are we to see redundancies among our councillors?’
      • ‘Holland was ruled by the Regent corporations of the eighteen cities represented in the Holland States.’
      • ‘Perhaps, the city corporation would do well to consider the suggestion.’
      • ‘Workers had been locked out by the Crown corporation for 11 days before the government stepped in.’
      • ‘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.’
      • ‘The Municipal Corporations Act of 1835 had given elected corporations to the large towns.’
      council, town council, municipal authority, civic authority
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    2. 1.2dated, humorous A paunch.

Origin

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

Pronunciation

corporation

/ˌkôrpəˈrāSH(ə)n//ˌkɔrpəˈreɪʃ(ə)n/