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IELTS BNC: 2025 COCA: 2602

corporation

noun

cor·​po·​ra·​tion ˌkȯr-pə-ˈrā-shən How to pronounce corporation (audio)
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

Example Sentences

He works as a consultant for several large corporations. a substantial corporation that showed that he was a sucker for all-you-can-eat buffets
Recent Examples on the Web According to The Guardian, the king voluntarily paid the U.K.’s top rate of 45% income tax on his earnings from the Duchy last year, following mounting criticism over its exemption from corporation and capital gains tax. Chloe Taylor, Fortune, 14 Sep. 2022 The corporation's main United States headquarters are in Minneapolis. Quinn Clark, Journal Sentinel, 2 Sep. 2022 The Sexology Institute isn't a big chain or corporation, St. James said. Ariana Garcia, Chron, 18 Aug. 2022 Yellowstone is usually about the Duttons fending off some rival rancher or some corporation trying to take their land. Paul Tassi, Forbes, 17 Aug. 2022 But the Austin corporation's bankruptcy filing also listed $79 million in liabilities, including a $54 million debt owed to PQPR Holdings. Chuck Lindell, USA TODAY, 30 July 2022 That’s because most corporations take advantage of the state’s corporation-friendly laws and procedures by incorporating in Delaware, which gives the chancery court jurisdiction over a huge universe of business disputes. Michael Hiltzik, Los Angeles Times, 15 July 2022 Vice Mayor Kate Harrison will introduce a proposal at Tuesday’s City Council meeting that would ask voters to weigh in on whether to tax the owners of multiunit buildings, single-family homes and condominiums owned by a corporation or LLC. Sarah Ravani, San Francisco Chronicle, 13 June 2022 The whole ground floor of the complex, the Cuyahoga county convention facilities, development corporation, and consultant. Laura Johnston, cleveland, 23 May 2022 See More

Word History

Etymology

Middle English corporacion "organization into a body politic, an organized body of people," borrowed from Anglo-French & Late Latin; Anglo-French corporacion, borrowed from Late Latin corporātiōn-, corporātiō (Latin, "physical makeup"), from Latin corporāre "to form into a body" + -tiōn-, -tiō, suffix of action nouns — more at corporate

First Known Use

15th century, in the meaning defined at sense 1b

Time Traveler
The first known use of corporation was in the 15th century

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