English Lexicon

Corporation

/ˌkɔːr.pəˈreɪ.ʃən/
nounCEFR B2 (Upper)Top #950 frequency
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Comprehensive Definitions & Senses

2 senses
As noun
  1. 1

    A legal entity that is separate and distinct from its owners, typically formed to conduct business.

    "The corporation reported record profits this quarter."
  2. 2

    A group of people authorized to act as a single entity, often for a specific purpose.

    "The city council is a corporation that manages local governance."

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Antonyms & Contrasting Words (1)

Linguistic Origin & Historical Etymology

Derived from the Late Latin corporationem, meaning 'body corporate,' stemming from the Latin corpus (body). It evolved in the medieval and early modern periods to denote legally authorized entities or guilds, later expanding into the modern economic sense of a large registered business enterprise.

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