Corporation

usgb/ˌkɔːrpəˈreɪʃn/
noun

A large company or group of companies that is legally recognized as a single unit.

He works for a multinational corporation that produces software.
Visual representation of "corporation" - A large company or group of companies that is legally recognized as a single unit.

Often appears as...

  • multinational corporation
  • corporate policy
Definition 1 of 3
Visual representation of "corporation"
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Legal Personhood

A corporation is legally like a person; it can own property, sue, or be sued.

Illustration for Legal Personhood
XYZ Corporation owns several patents.
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Shareholders' Role

Corporations are owned by shareholders who invest money and have certain rights.

Illustration for Shareholders' Role
She bought shares and became part of the corporation.
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Global Reach

Multinational corporations operate across different countries beyond their origin.

Illustration for Global Reach
The corporation has offices in ten countries.
Word comparison image

Compare with

businesscompanyconglomerateconsortiumenterprisefirmorganizationpartnership
Visual representation of the word "Corporation"

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