Word Origin late Middle English: from late Latin corporatio(n-), from Latin corporare ‘combine in one body’ (see corporate). A corporation is a legal entity that is separate and distinct from its owners. Corporations enjoy most of the rights and responsibilities that individuals possess. How to use corporation in a sentence.
Corporation definition is - a group of merchants or traders united in a trade guild.
Early incorporated entities were established by charter (i.e. by an ad hoc act granted by a monarch or passed by a parliament or legislature). C corporations , the most prevalent of corporations. The interests of management and shareholders often conflict, particularly when a corporation is subject to a possible takeover attempt. Definition of corporate.
The state must generally date-stamp the articles before they are effective. You may wish to consult the law of the state in which the organization is incorporated. Note that for a corporation to qualify.
See more synonyms for corporate on Thesaurus. She considers the new federal subsidy just corporate welfare.