Examples of corporation in a Sentence
He works as a consultant for several large corporations.
a substantial corporation that showed that he was a sucker for all-you-can-eat buffets
Recent Examples of corporation from the Web
Top Earners Republican leaders may indeed find broad agreement that the statutory rate for corporations -- which at 35 percent is far higher than most other developed nations’ -- must be cut.
If being a wife were a corporation, June would have been the CEO.
The corporation is hoping to cut $1 billion in cost this year, primarily through selling real estate.
Researchers at Utah State University concluded that women are more likely to be named CEO of a troubled corporation than men.
Some of the networks that make up the internet are quite large, like those belonging to major internet service providers or large corporations, but many of them are fairly small.
These theater-arts loving Idahoans have formed a corporation and are working to raise funds to purchase the historic building.
Physi brought Boyer in as president in 2016 to grow Physi's app and provide wellness programs for corporations.
Jessop said managers plan to encourage area businesses and corporations to use the Opera House as a meeting space during the day.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'corporation.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
Financial Definition of CORPORATION
What It Is
A corporation is one of many ways to formally organize a business. Structuring a business as a corporation has a number of important legal requirements and consequences that impact investors.
How It Works
1. A corporation is owned by shareholders, and their ownership is represented by shares of stock.
2. A corporation has a board of directors, which is a group of people elected by the shareholders to oversee the corporation's management. The board of directors is elected to make decisions that are in the best interest of the shareholders.
3. A corporation has an unlimited life; that is, corporations don't die or expire unless a) the shareholders decide to intentionally dissolve the corporation or b) a corporation is unable to pay its debts and is forced into bankruptcy.
4. Shareholders have limited liability. That is, the liabilities of the corporation do not extend to the shareholders. If the corporation goes bankrupt or defaults on a loan, lenders cannot repossess shareholders' personal assets or try to force shareholders to repay the company's debts.
5. Corporations pay taxes on their income, even if they distribute some of that income directly to the shareholders via dividend payments. This leads to the controversial "double taxation."
6. Corporations are legal entities that exist separate and apart from their shareholders. In fact, they are usually afforded the legal rights of an individual person. That is, they can own assets, borrow money and sue or be sued.
Why It Matters
It's important to understand the characteristics of corporations because if you have money in the stock market, you are a shareholder and part owner of the corporations whose stock you own.
Corporations are the most popular form of business structure in the U.S. because of the limited liability protection. If the corporation can't pay back its loans, your shares will lose value (perhaps 100% of their value), but you as a shareholder are not responsible for paying back the debts. A shareholder cannot lose more than 100% of his or her investment.
If the corporation makes a profit, your shares in that company will become more valuable because as a shareholder, you're entitled to your portion of the net income. In fact, one of the main goals of a corporation's employees is to maximize shareholder value; that is, to work on behalf of the owners in order to enrich them as much as possible.
The corporate structure is not appropriate for every business. Corporations are highly governed, regulated and taxed when compared to other business forms (sole proprietorships or partnerships). This makes them more expensive to operate and conduct business. One of the largest complaints about the corporate structure is that profits are taxed twice: the corporation must pay income taxes and shareholders must pay income taxes on that same income if they receive a dividend payout (double taxation).
CORPORATION Defined for English Language Learners
Definition of corporation for English Language Learners
: a large business or organization that under the law has the rights and duties of an individual and follows a specific purpose
CORPORATION Defined for Kids
Definition of corporation for Students
Word Root of corporation
legal Definition of corporation
Origin and Etymology of corporation
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See words that rhyme with corporation Thesaurus: All synonyms and antonyms for corporation Spanish Central: Translation of corporation Nglish: Translation of corporation for Spanish speakers Britannica English: Translation of corporation for Arabic speakers Britannica.com: Encyclopedia article about corporation
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