corporation
//ˌkɔːrpəˈreɪʃən//
Noun
corporationSingular
corporationsPlural
1
A large company or group of companies authorized to act as a single entity and recognized as such in law, with limited liability for its shareholders.
She works for a large multinational corporation.
2
A group of people elected to govern a city, town, or borough.
The corporation voted to approve the new city budget.