WordNet-Online
Free dictionary and thesaurus of English. Definitions, synonyms, antonyms and more...
Hint: double-click any word to get it searched!

	Enter your search terms Submit search form
	Web www.wordnet-online.com

Definitions from the Web

Corporation

Definition:

A corporation is a legal entity that is separate and distinct from its owners. It acts as a single person, able to enter into contracts, own property, and incur liabilities.

Senses:

• Noun: A large company or group of companies authorized to act as a single entity and recognized as such in law.
• Noun: A group of individuals united in a common purpose.

Usages:

Corporations can take different forms, such as:

• Public corporations, whose shares are traded on stock exchanges.
• Private corporations, owned by a select group of individuals or families.
• Nonprofit corporations, established for charitable, educational, or other public benefit purposes.

Sample Sentences:

1. The multinational corporation has offices in over 50 countries.

2. They formed a corporation to develop and market their new invention.

3. The corporation is responsible for organizing the local charity event.

Related Products:

Find books about corporations on Amazon: