Corporation
English Meaning
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.
- A body that is granted a charter recognizing it as a separate legal entity having its own rights, privileges, and liabilities distinct from those of its members.
- Such a body created for purposes of government. Also called body corporate.
- A group of people combined into or acting as one body.
- Informal A protruding abdominal region; a potbelly.