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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.
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.
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CORPORATION definition: 1. a large company or group of companies that is controlled together as a single organization: 2…. Learn more.
Apr 12, 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.
Britannica Dictionary definition of CORPORATION. [count] : a large business or organization that under the law has the rights and duties of an individual and follows a specific purpose. He works as a consultant for/to several large corporations. a community development corporation.
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 more.
1. a. : formed into an association and endowed by law with the rights and liabilities of an individual : incorporated. b. : of or relating to a corporation. a plan to reorganize the corporate structure. c. : of, relating to, or being the large corporations of a country or region considered as a unit. the latest trend in corporate America. d.
