Pronunciation

/kərˈpɔːrəʃn/

Definitions

Noun

A corporation is a legally recognized entity that is separate from its owners, usually composed of individuals, and has a distinct legal personality. It is typically formed for the purpose of conducting business, with limited liability for its shareholders.

Verb

To corporate can refer to:

1. To incorporate or form a corporation: “The company will soon corporate under a new name.”
2. To adopt a corporate structure or style: “The firm’s culture is slowly corporating to become more formal.”

Phrases

• “Form a corporation” means to establish a company legally.
• “Corporate identity” refers to the visual and behavioral characteristics that represent a company.
• “Acting corporately” signifies making decisions on behalf of the organization as a whole.

Example Sentences

• Noun: “The corporation’s board of directors made a strategic decision.”
• Verb: “After years of hard work, they finally corporate, turning their startup into a successful business.”
• Adjective: “The corporation’s annual report showcased their financial performance.”

Synonyms

• Company
• Firm
• Business entity
• Incorporated entity
• Organization

Antonyms

• Individual
• Sole proprietorship
• Partnership
• Unincorporated business