Web4 days ago · 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....
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Corporation | Definition, History, & Facts | Britannica Money
WebApr 2, 2024 · corporation, specific legal form of organization of persons and material resources, chartered by the state, for the purpose of conducting business. As contrasted with the other two major forms of business ownership, the sole proprietorship and the partnership, the corporation is distinguished by a.
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What is a Corporation? - Various Types and Reasons to Incorporate
WebA corporation is a legal entity created by individuals, stockholders, or shareholders, with the purpose of operating for profit. Corporations are allowed to enter into contracts, sue and be sued, own assets, remit federal and state …
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Corporation Definition & Meaning - Merriam-Webster
WebBusiness portal. v. t. e. 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.
WebJun 10, 2016 · Definition of Corporation. Noun. An organization, created under authority of law, which exists independent of its members, and holds powers, authority, and liability distinct and separate from its members. Origin. 1400-1450 Late Middle English. What is a Corporation
WebCorporation definition: an association 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.. See examples of CORPORATION used in a sentence.
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corporations | Wex | US Law | LII / Legal Information Institute
WebCorporations are entities that act as a single, fictional person. Much like an actual person, a corporation may sue, be sued, lend, and borrow. Additionally, a company which has been incorporated can easily transfer ownership …
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Corporation Definition | Investing Dictionary | U.S. News
WebDec 8, 2023 · Corporation Definition. By Coryanne Hicks. |. Updated: Dec. 8, 2023. ...more. What Is a Corporation? A corporation is a legal entity created by individuals or shareholders that...
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Incorporation: Definition, How It Works, and Advantages - Investopedia
WebFeb 18, 2024 · A corporation is the resulting legal entity that separates the firm's assets and income from its owners and investors. Corporations can be created in nearly all...