noun
corporation
kor-puh-RAY-shun/ˌkɔːrpəˈreɪʃn/
A company or organization legally recognized as separate from its owners or members.
The partners combine their products and tools under one corporation.
Etymology
The pieces express forming a body, an image extended to people united for a purpose. The legal sense treats that collective body as a single artificial person, which can be a business company.
In context
So first, I never expected to be working in a corporation trying to solve a global problem.
when you guys think of Uber, it's this giant corporation. But back then, we were a tiny little tech startup,
More examples
- They form a corporation to operate their business.
- The museum operates as a nonprofit corporation.
- Corporations can enter contracts and be sued.
Forms
corporation · corporations
corporate adjective — Relating to a corporation or corporations.
incorporate verb — To establish an organization as a legal corporation.
Similar words
- company
- A business that need not be legally separate from its owners.
- organization
- A broader term including groups without separate legal status.