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.
Usage examples of "private corporations".
He called a meeting, dubbed the Pentastar Talks, aboard his Super Star Destroyer 'Reaper' with Imperial officials and representatives from two large private corporations.
There was a big binder that contained flyers and notices for all sorts of government agencies, public institutions, and private corporations, and I'd been checking it out each Monday, after notices for the coming week were added.
Theoretically, I should've saved a portion of the pseudo-dollar credits I earned while I was working and invested them in Variable Basic government stock, or one of the private corporations.
Fifty percent of any revenue that we make on patent royalties or charges for the use of our accumulated data to private corporations or government agencies is turned over to NUMA.
Likewise, private corporations could no longer escape the power of one state by moving.
It was private corporations that developed and defined the tools that people across the world were using.
Next year my people in Chicago will engineer a test case to get a ruling that any form of operant screening of employees by private corporations is an invasion of privacy and unconstitutional.
The influence would be the demonstration effect of successful economic development, where here the economy doesn't just mean profits for private corporations, but the state of the general population.
A situation thus arose in which survey ships, generally operated by private corporations, undertook the high-risk job of locating potential colony sites which were then auctioned to prospective colony expeditions.
And since you've come to me, you've done enough research to know that one of six government programs -- or one of fifteen private corporations -- have gone to considerable expense to give her a new life somewhere else.
Federal regulations for private corporations were very different, and DIE had been born out of that shift.
They fail to address the legitimate needs of private corporations to own space resources and exploit them for profit.
The project was one of the first to have been handled from discovery through settlement by private corporations rather than a government or major institution or movement.
They certainly fail to address the legitimate needs of private corporations and individuals who might own space-related resources and/or exploit them for profit.