Example: The corporation operates across multiple regions
Definition
"The corporation" refers to a large company or group of companies that are legally authorized to act as a single entity. It typically operates across various regions, managing business activities, assets, and liabilities distinct from its owners or shareholders.
The word "corporation" originates from the Latin term 'corpus,' meaning 'body.' Over time, it came to describe a group of people authorized to act as a single legal body, especially in business. Did you know? The concept of corporations dates back to medieval times, evolving significantly during the Industrial Revolution.
Learn to use this word actively
"The corporation" appears in the Vocaplus list "English - General - (B2) - set 3", containing 112 commonly used words.
Would you like to not only understand these words, but also remember them and use them actively? Create a free account and select English as the language you want to learn.
