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English definition of “corporation”

corporation

noun [C]
 
 
/ˌkɔːpərˈeɪʃən/
(abbreviation Corp.) WORKPLACE a large company, or a group of companies that are controlled as a single organization: Whether you work for a large corporation or small company, following these easy guidelines can help you to succeed.a global/multinational corporation It is a global corporation with over 416,000 employees in 190 countries. → See also incorporate
GOVERNMENT in the UK, a public organization: The city formed a nonprofit local government corporation. British Airways was a public corporation at that time.
→ See also closely held company, de facto corporation, development corporation, global corporation, multinational corporation, incorporate, private corporation, public corporation, virtual enterprise
(Definition of corporation from the Cambridge Business English Dictionary © Cambridge University Press)
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