Definition, Meaning & Synonyms

incorporation

noun

/ˌɪn.kɔːr.pəˈreɪ.ʃən/

Definition

The act of forming a legal corporation or business entity that is distinct from its owners.

Examples

After the incorporation of the new company, the owners enjoyed limited liability.
The incorporation of technology into education has transformed traditional learning methods.
He is interested in the incorporation of sustainable practices in his business.

Meaning

Incorporation refers to the process of legally declaring a corporate entity as separate from its owners. It provides the entity with its own legal identity and allows it to own property, incur liabilities, and enter contracts independently.