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Corporation - Meaning, Definition & English Examples

A corporation is a large company or group of businesses recognized as a single legal entity, owned by shareholders, and operated for profit under specific regulations.

corporation

/ˌkɔːrpəˈreɪʃən/ /ˌkɔːpəˈreɪʃən/

Definition:

A large company or group of companies authorized to act as a single legal entity.

Synonyms:

company, enterprise, firm, organization

Part of Speech:

noun

Antonyms:

individual, sole proprietorship

Common Collocations:

multinational corporation, corporate headquarters, corporate culture, corporate governance

Derivatives:

corporate, corporately, corporatize

Usage Tips:

Use "corporation" for formal or large businesses; smaller entities may prefer "company" or "firm."

Common Phrases:

corporate ladder, corporate world, corporation tax

Etymology:

From Latin "corpus" (body), referring to a unified legal entity acting as one body.

Examples:

  • 1. The corporation announced record profits this quarter.
  • 2. She works for a global corporation with offices in 50 countries.
  • 3. The new law affects how corporations report their earnings.
  • 4. Many corporations donate to charity to improve their public image.

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