Definition of corporation

Pronunciation
A corporation is a group or body of persons established under law and treated by law as an individual "person" with rights and liabilities similar to those of an individual although this legal unit is both distinct and apart from the rights and liabilities of those persons composing it. As opposed to companies, primary advantage of corporate existence is that investors' liability is usually limited to the amount they paid to purchase stock.
--From Corporation - Definition.net
Noun
1. A group of individuals, created by law or under authority of law, having a continuous existence independent of the existences of its members, and powers and liabilities distinct from those of its members.
2. The municipal governing body of a borough or city [since 1974 obsolete except in the City of London]
3. In Fascist Italy, a joint association of employers' and workers' representatives.
4. A protruding belly; a paunch.
© Wordnet 3.1 & Wiktionary - Combined dictionary for best results.

Example Sentences

The private U.S. company Orbital Sciences Corporation (OSC) launched the capsule filled with cargo called Cygnus with an Antares rocket.
(Source: Voice of America)
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As he opened the door to the meeting room he asked himself jokingly when the last competitor analysis might have been done on Impulse Corporation.
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It wasn't particularly unusual to see a man of his age at the helm of a large corporation, but the man did have his share of detractors, even among his own ranks.
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Representatives from Impulse Corporation were applying brutal pressure on the shareholders at Century Clothiers.
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The Wiggins entourage were from the Impulse Corporation, a strong and powerful group of successful clothing companies who had been leading the market for years.
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Our second Millennium Challenge Corporation compact, worth over $66 million, is evidence of our continued commitment to a long-term relationship.
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“The real mystery is the range of money raised... Different people speaking to different sources give different figures” on the fundraising capacity of the organization, says Howard Shatz, an economist at the RAND Corporation.
(Voice of America)
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An international policy analyst of RAND Corporation, Ben Connable, a retired intelligence officer of the United States Marine Corps, called the Iraqi offensive to liberate Amerli a significant event.
(Voice of America)
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and the genital scourge continues afflicting the world. And all these errors were representing great fortunes, each saving panacea bringing into existence an industrial corporation,
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It is believed that France paid $18 million to the Islamic State group for four French nationals, something that France denies; and CBS News reported that a Scandinavian corporation recently paid $70 thousand dollars for a kidnapped employee.
(Voice of America)
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