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Longman Dictionary of Contemporary English
Federal Deposit Insurance Corporation, the
public corporation
▪ In big corporations it is not possible just to fire some one.
▪ Would die working in a big corporation.
▪ The accountant called his fellow accountants over at the big corporation.
▪ The big corporations, fearing their royalties would disappear down a Web plughole, ganged together to sue Napster.
▪ In this drama, the overzealous junior exec in the big corporation is named Jim Profit.
▪ Most of these people are conscious of the dangers posed by the growth of big corporations.
▪ Kweisi Mfume, a five-term congressman from Baltimore, plans to push big corporations to make more purchases from black-owned concerns.
▪ There are also bargains which interlock all these with foreign corporations, foreign governments and the international organisations.
▪ Indeed, hundreds of foreign corporations in Hong Kong have shifted assets to other regions, spreading their risk.
▪ S.-domiciled subsidiaries of foreign corporations and by foreigners who are legal residents of the United States.
▪ The Malays controlled 4 percent. Foreign corporations held most of the rest.
▪ A bitter smile crossed his face as his eyes ranged over the top men in the giant corporation.
▪ In industry after industry, giant corporations were seeking national markets -- and often, monopolies.
▪ These giant corporations may simply opt for law evasion.
▪ But the influential position of giant corporations varies significantly from industry to industry.
▪ Surely the great corporations had done something right and were worthy of great respect.
▪ Railroads had become the first great national corporations.
▪ He was personally proud of being a part of that great corporation.
▪ Maybe you like the idea of working for a great corporation or a wonderful small business in your hometown.
▪ Likewise large business corporations were often badly structured and sometimes plainly fraudulent.
▪ It is important to realise that the law-breaking of large businesses and corporations can have severe consequences.
▪ CEOs of very large corporations may have the use of private aircraft.
▪ The main targets would be large corporations with online business-to-business activities.
▪ We sought out people who had been laid off from large corporations and were forced to create new lives.
▪ Currently, Televisa is the largest communications corporation in the developing world.
▪ In very large corporations, some traveling to subsidiary firms and to customer accounts may be necessary.
▪ Among the mine-owning companies involved are major corporations such as Du Pont and General Dynamics.
▪ For the last twenty-five years, the major corporations in the United States have been getting smaller.
▪ Genesis meanwhile have netted more than £200 million with mainstream pop songs and sponsorship from major corporations.
▪ Chief executive officers of major corporations lose their jobs at rates never before seen.
▪ Loans provided are generally secured by proven oil reserves or guarantees received from any major oil corporation partner in the venture.
▪ Many major corporations offer leadership development courses.
▪ But it has attracted the interest, and investments, of major corporations.
▪ Affirmative action programs were the remedy of major institutions and corporations.
▪ The implication drawn from the trade is that modern corporations lack an adequate system of accountability.
▪ No criticism attaches to the effort of the modern corporation to minimize risk.
▪ The modern corporation was founded on the principle of expediency.
▪ What is the best way to organize a modern corporation?
▪ It is interesting to note the difference in standing at law between the modern corporation and the modern trade union.
▪ Both democracy and the modern corporation had dealt crippling blows.
▪ The modern large corporation resists this by its advertising.
▪ As vital to a painting, building or symphony as to a multinational trading corporation or the kitchen of a domestic house.
▪ These are the systems that handle accounting at multinational corporations, airline reservations, insurance and banking transactions and stock trades.
▪ The most relevant feature is the high proportion of multinational corporations in Britain.
▪ This cover technique is used by multinational corporations.
▪ Are we sovereign in defence, in our dealings with multinational corporations or in any significant matter?
▪ It looked more suitable for a multinational corporation than for a great Department of State.
▪ Banks also make other currency advances to traders, multinational corporations and sovereign governments.
▪ There is considerable evidence to show that manufacturing in multinational corporations has been reorganized along the lines described above.
▪ The Dodgers are the nonprofit corporation....
▪ His nonprofit corporation, Working Arts, took over responsibility for the center when the symphony board filed for bankruptcy last year.
▪ Paul, Minnesota, created half a dozen private, nonprofit corporations to redevelop the city.
▪ Coney, a tenants rights activist, worked with the city to create a tenant-owned nonprofit corporation.
▪ Paul and Minneapolis created a nonprofit corporation to finance low-income housing.
▪ In nonprofit corporations, the board of trustees fulfills the same role.
▪ The two would be run at existing locations by a nonprofit corporation, with its own management and governing board.
▪ Where a government body seeks an injunction against a private individual or corporation, the position may be different.
▪ Paul, Minnesota, created half a dozen private, nonprofit corporations to redevelop the city.
▪ They lent too much too easily to unstable third world countries, private corporations built on sand and risky clients.
▪ Increasing numbers of accounting graduates are working in private corporations.
▪ The trend is not limited to the individual consumer. Private corporations and government are also getting into the act.
▪ Smith said he wants private corporations to get involved in tuberculosis prevention.
▪ War-time controls were removed; railroads and shipping returned to private corporations.
▪ Columbia was created by a private corporation, not a public organization.
▪ Privatization of public corporations has become a major feature of Conservative policy.
▪ The courts have long held that partners in private partnerships have greater obligations to each other than do shareholders in public corporations.
▪ Mr Simmons said firms waited an average of 81 days for payment from larger companies and public corporations.
▪ Co. surmounted a similar set of challenges when it moved from a partnership to a public corporation.
▪ This is partly due to the privatization programme which has been implemented in recent years and has reduced the number of public corporations.
▪ A public corporation managing a monopoly might do so in a sectional interest.
▪ The beneficiaries included teachers in higher education, bureaucrats, trade union leaders, welfare organizers, and leaders of public corporations.
▪ The transnational corporation enters the scene when sellers, intermediaries and buyers are parts of the same global organization.
▪ But the vehicle itself is the mighty transnational corporation.
▪ Likewise large business corporations were often badly structured and sometimes plainly fraudulent.
▪ These figures correctly suggest that our economy is highly industrialized, characterized by gigantic business corporations in its manufacturing industries.
▪ In contrast, business corporations find it very hard to have alternative objectives.
▪ Extension of the individual freedom of conscience decisions to business corporations strains the rationale of these cases to the breaking point.
▪ Unlike partnerships in which the partners decide policy, in the business corporation the equity owners relinquished their privilege in favour of the directors.
▪ Unlike a business corporation or labor union, a charity may not sponsor or support a political action committee.
▪ That was most graphically illustrated when Sheffield was arguing about an urban development corporation.
▪ New town development corporations may also be able to assist in the ways described in ii. and iii. above.
▪ The imposition of councillor Jeff Sainsbury says much about the right hon. Gentleman and about the unrepresentative character of the development corporation.
▪ In the New Towns special development corporations provide public housing.
▪ The community development corporation is legally incorporated and financed from various sources and runs an economic development programme.
▪ Some hon. Members from Newcastle and Teesside have nothing but ill to say about development corporations.
▪ In the 1980s the Chancellor reduced the rate of corporation tax companies paid but also reduced the allowances on new investment.
▪ The firm has to pay 1050 in corporation tax on the balancing charge and 5340 in capital gains tax.
▪ All employers who meet childcare costs can set these off against their liability for corporation tax.
▪ It also offered a complete exemption of corporation tax for 10 years from the start of operations.
▪ However, when the loan is repaid, the company is entitled to a refund of the corporation tax.
▪ The same is true of corporation tax, paid by firms on company profits.
▪ The company's corporation tax liability is due on 1 October 1995 and its returns and accounts by 31 December 1995.
▪ The plaintiff was assessed to corporation tax for accounting periods covering the years 1977 to 1985.
▪ Large ranches are often owned by corporations or wealthy individuals who have the cash to survive a downturn.
▪ Getting money out of the business poses problems for people who own corporations.
▪ And what worked for a partnership proved disastrous in a publicly owned corporation.
▪ FMOs, whose formation will be encouraged under the legislation, are privately owned corporations.
▪ Many people who own corporations try to treat them-selves as independent contractors to their own companies.
▪ They now own a corporation, Ramsey-Gerlich Enterprises, but their business still remains little more than a concept.
▪ Certain trusts that benefit individuals may also own stock in S corporations.
▪ And other S corporations may own stock in S corporations as long as they own all of the stock.
▪ The firm has to pay 1050 in corporation tax on the balancing charge and 5340 in capital gains tax.
▪ From a cash-flow standpoint, that is less costly than actually paying your corporation an additional $ 200 in interest.
▪ The highly paid, like the corporations that employ them, are mobile, and can play one state off against another.
▪ This is the net dividend yield because the firm has already paid corporation tax on its earnings.
▪ Governments would have had to remove many of the regulations which protect us, and pay the corporations vast amounts in compensation.
▪ Joint-venture companies must pay corporation tax.
▪ a multinational corporation
▪ IBM is one of the biggest corporations in the world.
▪ She's just been appointed chief financial officer of a major corporation.
▪ U.S. corporations sold nearly $6.2 billion in new stock in May -- the highest monthly volume in history.
▪ And what worked for a partnership proved disastrous in a publicly owned corporation.
▪ Commercial paper is sold by large corporations.
▪ Increasing numbers of accounting graduates are working in private corporations.
▪ New town development corporations may also be able to assist in the ways described in ii. and iii. above.
▪ The most distinctive institution of capitalist economies is the privately owned corporation.
▪ Within modern capitalist societies the monopoly corporations constitute the dominant class fraction.
▪ Within the corporation, George was something of a legend.
The Collaborative International Dictionary

Corporation \Cor`po*ra"tion\ (k[^o]r`p[-o]*r[=a]"sh[u^]n), n. 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.

Note: Corporations are aggregate or sole. Corporations aggregate consist of two or more persons united in a society, which is preserved by a succession of members, either forever or till the corporation is dissolved by the power that formed it, by the death of all its members, by surrender of its charter or franchises, or by forfeiture. Such corporations are the mayor and aldermen of cities, the head and fellows of a college, the dean and chapter of a cathedral church, the stockholders of a bank or insurance company, etc. A corporation sole consists of a single person, who is made a body corporate and politic, in order to give him some legal capacities, and especially that of succession, which as a natural person he can not have. Kings, bishops, deans, parsons, and vicars, are in England sole corporations. A fee will not pass to a corporation sole without the word ``successors'' in the grant. There are instances in the United States of a minister of a parish seized of parsonage lands in the right of his parish, being a corporation sole, as in Massachusetts. Corporations are sometimes classified as public and private; public being convertible with municipal, and private corporations being all corporations not municipal.

Close corporation. See under Close.

Douglas Harper's Etymology Dictionary

mid-15c., "persons united in a body for some purpose," from such use in Anglo-Latin, from Late Latin corporationem (nominative corporatio), noun of action from past participle stem of Latin corporare "to embody" (see corporate). Meaning "legally authorized entity" (including municipal governments and modern business companies) is from 1610s.


n. A group of individuals, created by law or under authority of law, having a continuous existence independent of the existences of its members, and powers and liabilities distinct from those of its members.

  1. n. a business firm whose articles of incorporation have been approved in some state [syn: corp]

  2. slang terms for a paunch [syn: pot, potbelly, bay window, tummy]

Corporation (university)

The term corporation refers to different kinds of student organizations worldwide. Generally, universities in the various European countries have student organizations called corporations. The name is derived from the Latin corporatio meaning a body or group. There was an earlier type of student organization, called a nation from the Middle Ages, where students from all over Europe at a particular university would unite according to national (actually regional) lines. Today, many student organizations in Sweden, Finland, and, to a lesser degree, Scotland are still termed nations, while most of the rest of European universities, the organizations are considered corporations.

Below are short entries on the organizations found at universities on a country-by-country basis. There are also references to longer articles.

Corporation (feudal Europe)

In feudal Europe, a corporation (from the Latin corpus, corporis a body) was an aggregation of business interests into a single legal body, entity or compact, usually with an explicit license from city, church, or national leaders. These functioned as effective monopolies for a particular good or labor.

The term "corporation" was used as late as the 18th century in England to refer to such ventures as the East India Company or the Hudson's Bay Company: commercial organizations that operated under royal patent to have exclusive rights to a particular area of trade. In the medieval town, however, corporations were a conglomeration of interests that existed either as a development from, or in competition with, guilds. The most notable corporations were in trade and banking.

The effects of a corporation were similar to a monopoly. On the one hand, the ability to have sole access to markets meant that the business was encouraged (e.g., the ability to be an exclusive trader provided an incentive to the East India Company to accept financial risks in exploration) and the negative effects of competition were avoided (to take the same example, exclusive patents cut down on merchants sponsoring piracy). Innovation was stifled, however, and prices were unregulated. (In the case of patent corporations, the town or monarch was ostensibly able to regulate prices by revoking the patent, but this rarely occurred.)


Corporation (comics)

The Corporation is a fictional organization in the Marvel Universe.

Corporation (TV series)

Corporation is a Canadian business documentary television series which aired on CBC Television in 1975.


A corporation is a company or group of people authorized to act as a single entity ( legally a person) and recognized as such in law. Early incorporated entities were established by charter (i.e. by an ad hoc act granted by a monarch or passed by a parliament or legislature). Most jurisdictions now allow the creation of new corporations through registration.

Corporations come in many different types but are usually divided by the law of the jurisdiction where they are chartered into two kinds: by whether or not they can issue stock, or by whether or not they are for profit.

Where local law distinguishes corporations by ability to issue stock, corporations allowed to do so are referred to as "stock corporations", ownership of the corporation is through stock, and owners of stock are referred to as "stockholders." Corporations not allowed to issue stock are referred to as "non-stock" corporations, those who are considered the owners of the corporation are those who have obtained membership in the corporation, and are referred to as a "member" of the corporation.

Corporations chartered in regions where they are distinguished by whether they are allowed to be for profit or not are referred to as "for profit" and "not-for-profit" corporations, respectively.

There is some overlap between stock/non-stock and for profit/not-for-profit in that not-for-profit corporations are always non-stock as well. A for profit corporation is almost always a stock corporation, but some for profit corporations may choose to be non-stock. To simplify the explanation, whenever " stockholder" is used in the rest of this article to refer to a stock corporation, it is presumed to mean the same as "member" for a non-profit corporation or for profit, non-stock corporation.

Registered corporations have legal personality and are owned by shareholders whose liability is limited to their investment. Shareholders do not typically actively manage a corporation; shareholders instead elect or appoint a board of directors to control the corporation in a fiduciary capacity.

In American English the word corporation is most often used to describe large business corporations. In British English and in the Commonwealth countries, the term company is more widely used to describe the same sort of entity while the word corporation encompasses all incorporated entities. In American English, the word company can include entities such as partnerships that would not be referred to as companies in British English as they are not a separate legal entity.

Despite not being an individual human being, corporations, as far as the law is concerned, are legal persons, and have many of the same rights and responsibilities as natural persons do. Corporations can exercise human rights against real individuals and the state, and they can themselves be responsible for human rights violations. Corporations can be "dissolved" either by statutory operation, order of court, or voluntary action on the part of shareholders. Insolvency may result in a form of corporate failure, when creditors force the liquidation and dissolution of the corporation under court order, but it most often results in a restructuring of corporate holdings. Corporations can even be convicted of criminal offenses, such as fraud and manslaughter. However corporations are not considered living entities in the way that humans are.

Corporation (nightclub)

Corporation is an independent live music venue and nightclub located in city centre of Sheffield, South Yorkshire, England. Corporation is known for hosting live music from touring bands and club nights which play a variety of alternative and rock music, but it also hosts the club night skool disco, predominantly a student pop music night.

The club is one of the major rock and alternative clubs not only in Sheffield but in England as a whole and rivals the multiplicity of Rock City in Nottingham as both a rock club and live venue. It is more commonly referred to by the nickname of Corp by locals.

Corporation also plays host to the Resistanz Festival, an annual festival of industrial, synthetic and electronic music.

Corporation (video game)

Corporation (released as Cyber-Cop in North America) is a video game for Amiga, Atari ST and DOS, later ported to the Mega Drive/Genesis. It was developed for Core Design by Dimension Creative Designs by Bill Allen with graphics and design by Kevin Bulmer.

The PC and Sega versions were published by Virgin Games. Originally released for Amiga in 1990, it is one of the earliest 3D first-person shooter games, predating ID Software's Wolfenstein 3D (1992). It was also the first of its kind to utilize dynamic lighting. Gameplay was very complex for its time, featuring role-playing, stealth and hacking elements, similar to the later System Shock and Deus Ex series of games.

Corporation (disambiguation)

A corporation is most often a type of legal entity, often formed to conduct business but public bodies, charities and clubs are often corporations as well. Corporations take many forms including: statutory corporations, corporations sole, joint-stock companies and cooperatives. It may also refer to:

  • Any group of persons united or regarded as united in one body.
  • Municipal corporation, type of local government body
  • Corporation (feudal Europe)
  • Corporation (university), a type of social organization, also called fraternities and sororities
  • Corporation (nightclub), a nightclub in Sheffield, England
  • Corporation Bank, in India
  • Slang for a pot belly

Geographical location:

  • Corporation, County Down, a townland in County Down, Northern Ireland
  • Corporation Park, Blackburn
  • Corporation Street, Birmingham


  • Corporation (comics), a Marvel Comics criminal organization
  • Corporation (role playing game), a tabletop roleplaying game
  • Corporation (TV series), a 1975 Canadian business documentary television series
  • Corporation (video game), a first-person shooter for the IBM/PC, Atari ST, Commodore Amiga and Sega Mega Drive/Genesis
  • The Corporation (film), the 2003 documentary film


Corporation (role playing game)

Corporation is a science fiction role-playing game created by Brutal Games. It has been inspired by many Science fiction films and books, including The Fifth Element, Gattaca, Johnny Mnemonic, and Total Recall. It has a small, but growing, fan base worldwide. The game makers have also set up a forum for players to ask questions relating to the fictional world the game is set in, the rules, and even to discuss scenarios.

Games are often played in a cinematic style, with description, storytelling, and role-playing often more important than dice rolling.

Usage examples of "corporation".

Soyana corporation back in 2058, and they made a great deal of money from selling bonded servitors before the worsening social and religious situation on Earth virtually closed down the market.

The people of Massachusetts were to have the sole and exclusive right of governing themselves, and in an article intended to prevent the formation of a hereditary monarchy, an expanded version of a similar article in the Virginia constitution, Adams wrote: No man, nor corporation or association of men have any other title to obtain advantages or particular and exclusive privileges distinct from those of the community, than what arises from the consideration of services rendered to the public.

Rattisbon threatened him shrilly with the Municipal Corporation Aet of 1822 and looked about him for a constable.

Corporation gossip had her running with a procession of pretty if airheaded starlets, none of whom seemed to last for more than a couple of weeks.

He further suggested that the corporations would include the electronic ministries of the airwaves, and their tax-exempt revenues.

For instance, in 1981 Harry Oppenheimer, chairman of the giant Anglo American Corporation that controls gold and diamond mining, sales and distribution in the world, stated that he was about to launch into the North American banking market.

Phibro is the business arm of the Oppenheimers of Anglo American Corporation.

Gem is a test engineer and pilot for the Historica Antiqua Corporation.

After graduating from the University of Mississippi law school, Barnett built up one of the biggest and most profitable law firms in the state, specializing in personal-injury damage suits against corporations.

Wells Fargo Bank, Bechtel Corporation, Hewlett Packard, Bank of America, McDonnell-Douglas Corporation, Blyth, Eastman Dillon and TRW Company.

At the center of this story were huge American and British corporations, including Bechtel of San Francisco.

The fanciful accusation was put out on a Bechtel Corporation news release, but hey, a corporate press release is better than a fact.

Secretary of State George Shultz, who had once headed Bechtel Corporation, a major government contractor.

It is natural, therefore, that the corporation should be made to bear some proportion of the burdens of government.

In effect, through the global distribution of capitals, technologies, goods, and populations, the transnational corporations construct vast networks of communication and provide the satisfaction of needs.