English · Work & Business

corporation

/ˌkɔːr.pəˈreɪ.ʃən/

[/ˌkɔːr.pəˈreɪ.ʃən/]

large registered company

Advancednoun

Definition

A large company or group of companies recognized by law as a single entity separate from its owners.

Example

The multinational corporation employs thousands of people across factories on three different continents.

The multinational corporation employs thousands of people across factories on three different continents.

Etymology

From Latin 'corporatio', from 'corpus' (body), meaning a body of people legally united.

How & Where It’s Used

Used in business and law for legally incorporated entities.

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