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Crown corporation

American  
[kroun kawr-puh-rey-shuhn] / ˈkraʊn kɔr pəˌreɪ ʃən /

noun

Canadian.

  1. a commercial company owned by the government and controlled and partially operated by civil servants.

Crown corporation British  

noun

  1. a corporation owned by the federal or a provincial government

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Etymology

Origin of Crown corporation

First recorded in 1960–65

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Canada set up the Growth Fund last year, which is run through the Public Sector Pension Investment Board, a federal Crown corporation.

From Reuters • Sep. 5, 2023

The Crown corporation faces the added disadvantage of having most of its 15m customers strung out in a 6,400km line just above the Canada-US border.

From Economist • Dec. 14, 2013

Michael Warren, the first head of Canada Post after it was made a Crown corporation, says it could have been privatised years ago when it was still profitable.

From Economist • Dec. 14, 2013

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.