D defs.my
Entry 1 sense Webster, 1913

Corporation

/(kôr`pō̇*rā"shŭn)/ · Cor·po·ra·tion · IPA /ˌkɔɹ.pəˈɹeɪ.ʃən/
01 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 …
  1. 1.
    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.
Phrases & compounds
Close corporation — See under Close.