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.

    • ‘We accept for the purposes of this case that the relevant corporation was a trading corporation.’
    • ‘The plaintiff is a corporation with its head office in Stratford.’
    • ‘They can accommodate the individual, the small business, and the multinational corporation.’
    • ‘We cheer Indian companies that hold their own against multinational corporations.’
    • ‘In 1989 he was a director of Asea Brown Boveri Ltd, a multinational corporation.’
    • ‘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.’
    • ‘At various times, Mr. Abraham was an officer, director or shareholder of these two corporations.’
    • ‘These payments were treated as income to the corporation and then ordinary income to the shareholders.’
    • ‘It was the whole concept of selling to marketing managers at big corporations.’
    • ‘In addition, the corporation will lose its corporate name and its right to use the California courts.’
    • ‘When he resigned, he was Chief Operating Officer of the corporation.’
    • ‘Multinational corporations have taken over the economy while being protected by the law.’
    • ‘Many large corporations have avoided federal income taxes in recent years due to this deduction.’
    • ‘Many of them cannot compete with salaries and benefits offered by multinational corporations.’
    • ‘This is the crux of the debate between federal prosecutors and corporations.’
    • ‘A corporation is an entity separate from other persons who are its shareholders or associated with it.’
    • ‘It's been nice, though to my chagrin not a single multinational corporation has offered me an endorsement deal of any kind.’
    • ‘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.’
    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.’
      • ‘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.’
      • ‘And if the council wins backing from the Government, the corporation will be up and running by the end of the year.’
      • ‘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.’
      • ‘Incidentally, now that we are paying all these corporations to run the city, when are we to see redundancies among our councillors?’
      • ‘It is how we as democratic citizens monitor and police the actions of our governments and corporations.’
      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

/ˌkɔrpəˈreɪʃ(ə)n//ˌkôrpəˈrāSH(ə)n/