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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 noun from the Cambridge Business English Dictionary © Cambridge University Press)
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