corporation

A large business, sometimes made up of several companies.

• She works for a large corporation.
• Several corporations opened offices here.
• The corporation employs thousands of people worldwide.

Similar words: company, business

Common phrases: large corporation, multinational corporation, a global corporation

An organization that the law treats as separate from its members, with its own rights and duties.

• They formed a corporation to own the property.
• A corporation can enter contracts in its own name.
• The law treats the corporation separately from its members.

Similar words: body corporate

Common phrases: form a corporation, registered corporation, legal corporation