corporation

word

/ˌkɔɹpɝˈeɪʃən/
kor-pur-AY-shuhn
/kˌɔːpəɹˈeɪʃən/
kaw-puh-RAY-shuhn

Definition

A corporation is a large company or business organization that is recognized by law as a separate legal entity. It can own property, make contracts, and be responsible for debts apart from the people who run it.

Usage & Nuances

Common in business, legal, and news contexts. Often refers to a large formal company, more technical than 'company'. Common combinations include 'multinational corporation', 'corporate headquarters', and 'corporation tax'. Don't confuse it with 'cooperation'.

Example Sentences

The corporation opened a new office last year.

basic

She works for a large corporation in the city.

basic

A corporation can own buildings and land.

basic

After the merger, the corporation cut jobs in several departments.

natural

People think it's a small brand, but it's actually owned by a huge corporation.

natural

He left the corporation to start his own business.

natural