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Crown corporation

American

[kraun kawr-puh-ray-shuhn] / ˈkraʊn kɔr pəˌreɪ ʃən /

noun

Canadian.

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

Crown corporation British

noun

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.

See Examples For:

Crown corporation

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