corporation
gb/kˌɔɹpɚˈeɪʃən/ us/kˌɔɹpɚˈeɪʃən/
B1
English
~ 1100
Senses
0 senses
Noun
B1
entity
1
A large company or group
A big company that is recognized by law as separate from the people who run it.
Usage pattern:
[a/an] corporation
Common mistake:
Learners sometimes confuse 'corporation' with 'cooperation'; the first is a type of company, the second means working together.
Synonyms
company (A general term for any business, not necessarily legally incorporated.)
|
firm (Often refers to a business, especially in professional services; can be smaller than a corporation.)
Antonyms
sole proprietorship (A business owned and run by one person, not legally separate from its owner.)
Collocations
multinational corporation
|public corporation
|private corporation
|large corporation
|corporation tax
Themes
business
|law
|economics
|finance
Examples
- The corporation announced record profits this quarter.
- She works for a multinational corporation based in New York.
- The new law will affect how corporations pay taxes.
- Several corporations are competing for the government contract.
- The corporation is expanding into Asian markets.
Learner examples
- My father works for a big corporation.
- The corporation sells clothes online.
- Many corporations have offices in this city.
- Our corporation has many workers.
- The corporation makes cars.
Grammar
Dictionary form
corporation
IPA
GB/kˌɔɹpɚˈeɪʃən/
US/kˌɔɹpɚˈeɪʃən/
Syllables & stress
cor - por - a - tion (4 syllables)
Stress on 2nd syllable (por)
Word forms
Noun
- Base: corporation
- Plural: corporations
Word family
Forms
corporations
noun
Core family
corporate
adjective B1
Related words
incorporate
verb B2
incorporation
noun C1
Advanced or less common
incorporator
noun
Expressions
private corporation
1/pɹˈaɪvɪt kˌɔɹpɚˈeɪʃən/
fixed phrase
technical
Company not traded on stock market
A company that is owned by a small group of people and does not sell shares to the public.
Examples
- The family runs a private corporation that makes furniture.
- Private corporations are not required to share as much financial information as public ones.
public corporation
1/pˈʌblɪk kˌɔɹpɚˈeɪʃən/
fixed phrase
technical
Company with publicly traded shares
A company whose shares can be bought and sold by anyone on the stock market.
Examples
- Tesla is a public corporation listed on NASDAQ.
- Becoming a public corporation allows companies to raise money from investors.
multinational corporation
1/mˌʌltinˈæʃənəl kˌɔɹpɚˈeɪʃən/
fixed phrase
very large company in many countries
A very big company that owns or controls businesses in many different countries.
Examples
- Apple is a well-known multinational corporation with offices worldwide.
- Several multinational corporations dominate the global soft drink market.
- Many multinational corporations have factories in developing countries.
- The report accuses multinational corporations of avoiding taxes through complex financial structures.
- Many young professionals dream of working for a multinational corporation.