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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.
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.
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.
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.
Definition of "corporation" A business structure sanctioned by state law, functioning as a separate legal entity from its owners, protecting them from personal liability for the business's debts or obligations, excluding certain exceptions like unpaid taxes. How to use "corporation" in a sentence.
Mar 8, 2023 · A corporation is a legal business entity created by filing a certificate of incorporation or Articles of Incorporation with a state. It is a popular business structure because it provides liability protections for business owners and offers them the ability to raise money by issuing shares of stock.
corporation meaning, definition, what is corporation: a big company, or a group of companies a...: Learn more.
Nov 21, 2023 · The definition of a corporation is a legal form of business that protects its owners from losses greater than what is individually invested in the firm.
an organization or a group of organizations that is recognized by law as a single unit. (British English) a group of people elected to govern a large town or city and provide public services. Definition of corporation noun in Oxford Advanced Learner's Dictionary.
Mar 22, 2024 · Definition of Corporation. A corporation is a legal entity that is separate and distinct from its owners. Corporations are allowed to own assets, incur liabilities, sue and be sued, and enter into contracts under their own names.
A corporation is a type of business that exists separately from its ownersor founders. It is its own entity, is usually owned by shareholders, and managed by a board of directors. It is possible that the managers and directors of the corporation may be the original founders.
