Definitions of corporation

  1. (informal) slang terms for a paunch Scrapingweb Dictionary DB
  2. a business whose articles of incorporation have been approved in some state Scrapingweb Dictionary DB
  3. slang terms for a paunch Wordnet Dictionary DB
  4. a business firm whose articles of incorporation have been approved in some state Wordnet Dictionary DB
  5. A body politic or corporate, formed and authorized by law to act as a single person, and endowed by law with the capacity of succession; a society having the capacity of transacting business as an individual. Newage Dictionary DB
  6. A legal structure authorized by state law that allows a business to organize as a separate legal entity from its owners. A nonprofit is often referred to as an "artificial legal person," meaning that, like an individual, it can enter into contracts, sue and be sued and do the many other things necessary to carry on a business. One advantage of incorporating is that a corporation's owners (shareholders) are legally shielded from personal liability for the corporation's liabilities and debts (unpaid taxes are often an exception). In theory, a corporation can be organized either for profit-making or nonprofit purposes. Most profit-making corporations are known as C corporations and are taxed separately from their owners, but those organized under subchapter S of the Internal Revenue Code are pass-through tax entities, meaning that all profits are federally taxed on the personal income tax returns of their owners.
  7. A group of persons who have legal power to act for a large number of other persons. The Winston Simplified Dictionary. By William Dodge Lewis, Edgar Arthur Singer. Published 1919.
  8. A body or society authorized by law to act as one individual. The american dictionary of the english language. By Daniel Lyons. Published 1899.
  9. Society legally authorised to act as an individual. The Clarendon dictionary. By William Hand Browne, Samuel Stehman Haldeman. Published 1894.
  10. A body of persons legally associated for the transaction of business. The Concise Standard Dictionary of the English Language. By James Champlin Fernald. Published 1919.
  11. A body politic or corporate, authorized by law to act as a single person. A corporation spiritual, the dean and chapter of a cathedral, or a master of a college or hospital. A corporation temporal, the mayor and commonalty. Nuttall's Standard dictionary of the English language. By Nuttall, P.Austin. Published 1914.
  12. A number of individuals formed into one body, and authorised by law to act as one person; the municipal authorities of a town or city. Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.
  13. United body of persons, esp. one authorized to act as an individual; artificial person created by charter, prescription, or act of the legislature, comprising many persons (c. aggregate) or one (c. sole); municipal c., civic authorities of borough, town, or city; (colloq.) abdomen, esp. when prominent. [Latin] Concise Oxford Dictionary
  14. [L.] (Hist.) A body of persons capable of receiving and granting for themselves and their successors. Corporations may be either sole, as a king, a bishop, a parson; or aggregate, as colleges in the universities, the municipalities of towns, etc. Glossary of terms and phrases - Percy
  15. n. A united body of men; —a municipal legal, mercantile, or professional association, authorised to act, plead, or sue, as a single person, governed by its own bye-laws, and electing its office-bearers from its own body. Cabinet Dictionary
  16. A body politick. Complete Dictionary