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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.
Jun 21, 2024 · A corporation is a legal entity that is separate and distinct from its owners and has limited liability. Learn how to form a corporation, its benefits and drawbacks, and how it differs from other business structures.
Aug 12, 2011 · A corporation is a legal entity that acts as a single person with various rights and duties, formed and authorized by law. Learn the synonyms, examples, history, and types of corporations from the Merriam-Webster dictionary.
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. [ 1]: 10 Early incorporated entities were established by ...
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.
Jul 15, 2024 · Corporation, specific legal form of organization of persons and material resources, chartered by the state, for the purpose of conducting business. Its features include limited liability and juridical personality, which means that the corporation itself as a fictive ‘person’ may sue and be sued and may make contracts.
Jun 10, 2016 · A corporation is a legal business entity that protects its owners from personal liability for the company's actions and financial status. Learn about the advantages and disadvantages of forming a corporation, the types of corporations, and the exceptions to the limited liability rule.
A corporation is a large company or group of companies that is controlled together as a single organization. Learn more about the different types, meanings and uses of corporation in business, government and law with Cambridge Dictionary.