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.
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.