Definition, Meaning & Synonyms

corporate-firm

Noun

/ˈkɔːpərət fɜːrm/

Definition

A corporate firm is a business entity that has been incorporated, meaning it is legally recognized as a separate entity from its owners.

Examples

Many corporate firms are now focusing on sustainability to improve their reputation.
The corporate firm announced a merger with a smaller startup.
He worked for a corporate firm that specialized in technology consulting.

Meaning

The term refers to an organization or company that operates under a legal framework that provides certain rights, responsibilities, and protections to its shareholders.