corpraion

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Corporation:

Definition:

A corporation is a legal entity that is separate and distinct from its owners. It is formed by individuals, groups, or organizations, known as shareholders or stockholders, who contribute money, resources, or expertise to the corporation.

Sense 1:

Noun - A form of business organization created under state law, which combines the advantages of limited liability for its owners (shareholders) with the ability to raise capital by selling shares of stock.

Example Sentence:

The multinational corporation has branches in over 50 countries.

Sense 2:

Noun - A large organization or institution that operates for profit and is typically involved in various commercial or industrial activities.

Example Sentence:

The corporation announced record-breaking profits for the fiscal year.

Sense 3:

Noun - A group of people legally authorized to act as a single entity and recognized as such in law.

Example Sentence:

The corporation of investors joined forces to acquire the rival company.