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Definition of "corporation" []

  • A body that is granted a charter recognizing it as a separate legal entity having its own rights, privileges, and liabilities distinct from those of its members. (noun)
  • Such a body created for purposes of government. Also called body corporate. (noun)
  • A group of people combined into or acting as one body. (noun)
  • Informal A protruding abdominal region; a potbelly. (noun)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Use "corporation" in a sentence
  • "The term corporation, over there, is commonly applied only to the mayor, aldermen and sheriffs of a city, as in the London corporation."
  • "The term corporation, as used in this article, shall be construed to include all associations and joint-stock companies having any of the powers and privileges of corporations not possessed by individuals or partnerships."
  • "The term corporation or company includes all trusts, associations and joint stock companies having any powers or privileges not possessed by individuals or unlimited partnerships."
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