corporation

American  

[kawr-puh-rey-shuhn] / ˌkɔr pəˈreɪ ʃən /

noun

1. an association of individuals, created by law or under authority of law, having a continuous existence independent of the existences of its members, and powers and liabilities distinct from those of its members.

2. Corporation, the group of principal officials of a borough or other municipal division in England.

3. any group of persons united or regarded as united in one body.

4. Informal. a paunch; potbelly.

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corporation British  

/ ˌkɔːpəˈreɪʃən /

noun

1. a group of people authorized by law to act as a legal personality and having its own powers, duties, and liabilities

2. Also called: municipal corporation.  the municipal authorities of a city or town

3. a group of people acting as one body

4. See public corporation

5. informal a large paunch or belly

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corporation Cultural  

1. A business organization owned by a group of stockholders, each of whom enjoys limited liability (that is, each can be held responsible for losses only up to the limit of his or her investment). A corporation has the ability to raise capital by selling stock to the public.

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Grammar

See collective noun.

Other Word Forms

• corporational adjective
• multicorporation noun
• noncorporation noun
• subcorporation noun
• supercorporation noun

Etymology

Origin of corporation

First recorded in 1400–50; late Middle English, from Late Latin corporātiōn- (stem of corporātiō ) “guild,” Latin: “physical makeup, build”; corporate, -ion

Example Sentences

It calls for a mandatory registration system for foreign agents -- such as individuals and corporations lobbying within Japan on behalf of other governments -- as part of counterintelligence measures.

From Barron's

Of course corporations shouldn’t be making the rules of war.

From Los Angeles Times

A ban transfers responsibility outward, to governments and corporations.

From The Wall Street Journal

America’s largest corporations are talking about their artificial-intelligence ambitions as much as ever in earnings calls, investor days and events.

From The Wall Street Journal

The BBC has apologised several times since Sunday's broadcast, and the ceremony remains unavailable to watch on iPlayer after the corporation removed it on Monday morning.

From BBC

Related Words

• business
• company
• enterprise