corporation
noun
cor·po·ra·tion
ˌkȯr-pə-ˈrā-shən
1
a
: a group of merchants or traders united in a trade guild (see guild sense 1)
b
: the municipal authorities of a town or city
2
: a body formed and authorized by law to act as a single person although constituted by one or more persons and legally endowed with various rights and duties including the capacity of succession
3
: an association of employers and employees in a basic industry or of members of a profession organized as an organ of political representation in a corporative state
4
Love words? Need even more definitions?
Merriam-Webster unabridged
Share