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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.
Apr 21, 2024 · A corporation is a legal entity that is separate and distinct from its owners and has many of the same rights and responsibilities as an individual. It can be formed by an individual or a group of people, and it can be for-profit or not-for-profit. Learn how to create, operate, and liquidate a corporation in the U.S. and other countries.
A corporation is a legal entity created by law or under authority of law, having a continuous existence and distinct powers and liabilities. Learn more about the origin, grammar, and usage of the word corporation, and see related words and examples.
Learn the legal and historical aspects of a corporation, a group of people or entities that act as a single entity with rights and duties. See synonyms, examples, phrases, and related words for corporation.
Business portal. v. t. e. 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.
Learn the meaning of corporation as a large company or group of companies, or as a local government organization in the UK. See how to use the word in sentences and related terms.
Apr 12, 2024 · A corporation is a legal form of business organization that has limited liability, transferability of shares, juridical personality, and indefinite duration. Learn how the modern corporation evolved from the joint-stock company and the medieval guild, and how it became a dominant force in the global economy.
A corporation is an entity that acts as a single, fictional person. It may sue, be sued, lend, and borrow. It can transfer ownership through stock sales and exist indefinitely. It is authorized and governed by state law with many states following the Model Business Corporation Act. It has limited personal liability, but also double-taxation.
