Definition of corporation in English:

corporation

Syllabification: cor·po·ra·tion
Pronunciation: /ˌkôrpəˈrāSHən
 
/

noun

  • 1A company or group of people authorized to act as a single entity (legally a person) and recognized as such in law.
    More example sentences
    • The majority of creditors are large corporations and insurance and reinsurance companies.
    • The applicant was the largest creditor of the corporation and substantially financed its incorporation.
    • Multinational corporations have taken over the economy while being protected by the law.
    Synonyms
  • 1.1 (also municipal corporation) A group of people elected to govern a city, town, or borough.
    More example sentences
    • The Municipal Corporations Act of 1835 had given elected corporations to the large towns.
    • Holland was ruled by the Regent corporations of the eighteen cities represented in the Holland States.
    • Thirty-three years ago he even won a seat on the city corporation for one term at a time when the Tories were serious contenders for power in George Square.
  • 1.2 dated humorous A paunch.

Origin

late Middle English: from late Latin corporatio(n-), from Latin corporare 'combine in one body' (see corporate).

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