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A corporation is an organization —usually a group of people or a company —authorized by the state to act as a single entity (a legal entity recognized by private and public law as "born out of statute"; a legal person in a legal context) and recognized as such in law for certain purposes.
Jun 21, 2024 · A corporation is a legal entity that is separate and distinct from its owners. Under the law, corporations possess many of the same rights and responsibilities as individuals....
Jun 24, 2024 · Corporation, specific legal form of organization of persons and material resources, chartered by the state, for the purpose of conducting business. Its features include limited liability and juridical personality, which means that the corporation itself as a fictive ‘person’ may sue and be sued and may make contracts.
Nov 21, 2023 · A corporation is a business entity that protects its owners from losses greater than what is individually invested in the firm. What are the advantages and disadvantages of corporations?...
Jun 10, 2016 · A corporation is a legal business entity in which the owners are protected from liability for the company’s actions and financial status.
1. Single stockholder corporation. As the name implies, this corporation is owned by a single stockholder, a natural person of legal age, trust or estate as compared to a now two (2) to fifteen (15) regular domestic corporation in Philippines under the Revised Corporation Code. Such single stockholder would be the sole incorporator for purposes ...
a large company, or a group of companies that are controlled as a single organization: Whether you work for a large corporation or small company, following these easy guidelines can help you to succeed.
corporation. noun. cor· po· ra· tion ˌkȯr-pə-ˈrā-shən. Synonyms of corporation. 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.
CORPORATION meaning: a large business or organization that under the law has the rights and duties of an individual and follows a specific purpose.
Definition of corporation noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
