corporation (B2)
noun
Pronunciation: /ˌkɔːr.pərˈeɪ.ʃən/
Definition
A large company or group of companies that is officially recognized as a separate legal entity and is owned by shareholders.
Examples
The corporation's annual report detailed its financial performance and future strategies.
Many small businesses aspire to grow into a large corporation.
The merger created a powerful new corporation with a global reach.
How to Use corporation
- corporation law (collocation)
- The body of law that governs corporations. — "She is studying corporation law to understand business regulations."
- corporation tax (collocation)
- The tax levied on the profits of a corporation. — "The government is considering lowering the corporation tax rate."
Synonyms of corporation
Words with a similar meaning to corporation:
Antonyms of corporation
Words with the opposite meaning to corporation:
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