corporation

• Persona jurídica formada por un grupo de personas o accionistas, autorizada por la ley para actuar como una unidad con derechos y obligaciones propios, generalmente con fines comerciales o empresariales.

A large company or group of companies authorized to act as a single entity, recognized by law as having its own rights and liabilities.

1. Business entityB2formal

   A large company or group of companies authorized to act as a single entity and recognized as such in law.

   sociedad mercantil

   • The corporation announced its quarterly earnings yesterday.
   • She works for a multinational corporation based in New York.
   • The corporation is responsible for the environmental cleanup.

   Sinónimosbusinesscompanyconglomerateenterprisefirm

2. Legal structureB2formal

   A legal entity that is separate and distinct from its owners, with rights and liabilities.

   Corporación (entidad legal)

   • The corporation was established in 1995.
   • The board of directors governs the corporation.
   • The corporation filed for bankruptcy protection.

   Sinónimosbusinesscompanyenterprisefirmjoint-stock company