English Lexicon

Corporation

/ˌkɔːr.pəˈreɪ.ʃən/
nounCEFR B2 (Upper)Top #800 frequency
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Comprehensive Definitions & Senses

2 senses
As noun
  1. 1

    A legal entity that is separate and distinct from its owners, typically formed to conduct business.

    "The corporation reported record profits this quarter."
  2. 2

    A group of people authorized to act as a single entity, often for a specific purpose.

    "The city council is a corporation that manages local governance."

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Antonyms & Contrasting Words (1)

Linguistic Origin & Historical Etymology

The term 'corporation' originates from the Latin word 'corporatio', which means 'a body' or 'a group of people'. It evolved in the Middle Ages to refer to a group of individuals authorized to act as a single entity, particularly in legal contexts.

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