corporation

/ˌkɔrpəˈreɪʃən/
noun
  1. A large business or organization that is legally recognized as a single entity, separate from its owners.
    • She works for a multinational corporation that sells electronics.
    • Starting a corporation requires filing paperwork with the government.
    • The corporation announced a new policy to reduce waste.
  2. A group of people acting as one body, especially in local government.
    • He was elected to the town corporation last year.
    • The municipal corporation is responsible for garbage collection.
    • The city corporation voted to build a new park downtown.
What does "corporation" mean? | whatsthatwordmean | whatsthatwordmean