Definition of corporation

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Corporation (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..

Lern More About Corporation

Enfranchisement :: Enfranchisement (n.) Admission to the freedom of a corporation or body politic; investiture with the privileges of free citizens.
Quo Warranto :: Quo warranto () A writ brought before a proper tribunal, to inquire by what warrant a person or a corporation acts, or exercises certain powers..
Impropriation :: Impropriation (n.) A benefice in the hands of a layman, or of a lay corporation..
Corporate :: Corporate (a.) Belonging to a corporation or incorporated body.
Company :: Company (n.) An association of persons for the purpose of carrying on some enterprise or business; a corporation; a firm; as, the East India Company; an insurance company; a joint-stock company..
Dividend :: Dividend (n.) A sum of money to be divided and distributed; the share of a sum divided that falls to each individual; a distribute sum, share, or percentage; -- applied to the profits as appropriated among shareholders, and to assets as apportioned among creditors; as, the dividend of a bank, a railway corporation, or a bankrupt estate..
Fund :: Fund (n.) A stock or capital; a sum of money appropriated as the foundation of some commercial or other operation undertaken with a view to profit; that reserve by means of which expenses and credit are supported; as, the fund of a bank, commercial house, manufacturing corporation, etc..
Assets :: Assets (n. pl.) The entire property of all sorts, belonging to a person, a corporation, or an estate; as, the assets of a merchant or a trading association; -- opposed to liabilities..
Concorporation :: Concorporation (n.) Union of things in one mass or body.
Incorporate :: Incorporate (v. t.) To form into a legal body, or body politic; to constitute into a corporation recognized by law, with special functions, rights, duties and liabilities; as, to incorporate a bank, a railroad company, a city or town, etc..
Visitation :: Visitation (n.) Specifically: The act of a superior or superintending officer who, in the discharge of his office, visits a corporation, college, etc., to examine into the manner in which it is conducted, and see that its laws and regulations are duly observed and executed; as, the visitation of a diocese by a bishop..
Incorporated :: Incorporated (a.) United in one body; formed into a corporation; made a legal entity.
Guild :: Guild (v. t.) An association of men belonging to the same class, or engaged in kindred pursuits, formed for mutual aid and protection; a business fraternity or corporation; as, the Stationers' Guild; the Ironmongers' Guild. They were originally licensed by the government, and endowed with special privileges and authority..
Unappropriated :: Unappropriated (a.) Not granted to any person, corporation, or the like, to the exclusion of others; as, unappropriated lands..
Credit :: Credit (n.) Trust given or received; expectation of future playment for property transferred, or of fulfillment or promises given; mercantile reputation entitling one to be trusted; -- applied to individuals, corporations, communities, or nations; as, to buy goods on credit..
Charter :: Charter (n.) An act of a legislative body creating a municipal or other corporation and defining its powers and privileges. Also, an instrument in writing from the constituted authorities of an order or society (as the Freemasons), creating a lodge and defining its powers..
Terrier :: Terrier (n.) In modern usage, a book or roll in which the lands of private persons or corporations are described by their site, boundaries, number of acres, or the like..
Ultra Vires :: Ultra vires () Beyond power; transcending authority; -- a phrase used frequently in relation to acts or enactments by corporations in excess of their chartered or statutory rights.
Impropriation :: Impropriation (n.) The act of putting an ecclesiastical benefice in the hands of a layman, or lay corporation..
Incorporator :: Incorporator (n.) One of a number of persons who gets a company incorporated; one of the original members of a corporation.
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