corporation
cor-po-ra-tion · noun
Definitions
noun
- 1.
A large company or group of companies authorized to act as a single legal entity.
- 2.
A group of people elected to govern a city or town.
Forms
plural: corporations
Phrases & expressions
- •multinational corporation — a company operating in multiple countries
- •corporation tax — tax levied on company profits
Related words
Etymology
From Late Latin corporatio meaning "assumption of a body," from Latin corporare ("to form into a body"), from corpus ("body").