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- DictionaryCor·po·ra·tion/ˌkôrpəˈrāSHən/
noun
- 1. a company or group of people authorized to act as a single entity (legally a person) and recognized as such in law.
The meaning of CORPORATION is a group of merchants or traders united in a trade guild. How to use corporation in a sentence.
Jun 10, 2024 · A corporation is a legal entity that is separate and distinct from its owners. Under the law, corporations possess many of the same rights and responsibilities as individuals....
Corporation definition: 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.. See examples of CORPORATION used in a sentence.
A corporation is an entity that acts as a single, fictional person. Much like an actual person, a corporation may sue, be sued, lend, and borrow. Additionally, a company which has been incorporated can easily transfer ownership through stock sales and exist indefinitely.
A corporation is an organization —usually a group of people or a company —authorized by the state to act as a single entity (a legal entity recognized by private and public law as "born out of statute"; a legal person in a legal context) and recognized as such in law for certain purposes.
CORPORATION definition: 1. a large company or group of companies that is controlled together as a single organization: 2…. Learn more.
The meaning of CORPORATE is formed into an association and endowed by law with the rights and liabilities of an individual : incorporated. How to use corporate in a sentence.
May 11, 2024 · corporation, specific legal form of organization of persons and material resources, chartered by the state, for the purpose of conducting business. As contrasted with the other two major forms of business ownership, the sole proprietorship and the partnership, the corporation is distinguished by a.
CORPORATION meaning: a large business or organization that under the law has the rights and duties of an individual and follows a specific purpose.
Jun 10, 2016 · A corporation is a legal business entity in which the owners are protected from liability for the company’s actions and financial status.
