corporation Definition
- 1a large company or group of companies that is legally recognized as a single entity and treated as such in law
- 2a group of people elected to govern a city or town, especially a municipal council
Using corporation: Examples
Take a moment to familiarize yourself with how "corporation" can be used in various situations through the following examples!
Example
The corporation has offices in over 50 countries.
Example
She works for a multinational corporation.
Example
The corporation's profits have increased by 20% this year.
Example
The city corporation is responsible for maintaining the roads and public spaces.
corporation Synonyms and Antonyms
Synonyms for corporation
Idioms Using corporation
a series of job positions within a company that lead to higher positions and greater responsibility
Example
He started at the bottom of the corporate ladder and worked his way up to CEO.
Example
The corporate culture at Google is known for being innovative and employee-friendly.
corporate social responsibility
the idea that companies have a responsibility to act in the best interests of society and the environment, as well as their shareholders
Example
Many corporations have adopted policies of corporate social responsibility in recent years.
Phrases with corporation
a corporation owned and operated by the government
Example
The postal service is an example of a public corporation.
a corporation owned and operated by private individuals or entities
Example
Apple Inc. is an example of a private corporation.
a corporation that operates in multiple countries
Example
Coca-Cola is an example of a multinational corporation.
Origins of corporation
from Latin 'corpus', meaning 'body'
Summary: corporation in Brief
A 'corporation' [kɔːpəˈreɪʃn] is a legally recognized entity that can consist of one or more companies. It is governed by a board of directors and is treated as a single entity in law. Examples include Apple Inc. and Coca-Cola. The term also refers to a group of people elected to govern a city or town, such as a municipal council.