corporation

Chartered legal person

A corporation is a business entity legally separate from its owners, who hold shares of ownership.

This structure shields shareholders from personal liability—if the corporation fails, they lose only their investment.

Corporations can own property, enter contracts, and sue or be sued in their own name.

She works for a large corporation.

The word often carries connotations of impersonal bigness: faceless corporations, corporate greed.

business

company

Commercial enterprise or guests

  • firmSolid or resolute
  • enterpriseCommercial undertaking or initiative
  • LLCHybrid business entity abbreviation

partnership · venture · franchise · commerce · industry · organization · entity · charter · articles · bylaws

criticism

monopoly

One seller, no substitutes

bailout · lobbying · corruption · tax evasion · greenwashing · layoffs · union busting · profiteering · corporatocracy · accountability

culture

cubicle

Partitioned office workspace

management · hierarchy · department · memo · mission statement · values · dress code · team building · performance review · onboarding

conglomerate

holding company

Business owning other businesses

parent company · diversified · portfolio · synergy · empire · consortium · vertical integration · spinoff · divestiture · takeover

finance

revenue

Business income total

equity · capital · profit · quarterly · fiscal · IPO · stock · bonds · valuation · assets

governance

board of directors

Governing body of organization

fiduciary · compliance · oversight · bylaws · proxy · annual meeting · audit committee · accountability · transparency · stakeholders

multinational

globalization

Worldwide economic and cultural integration

international · transnational · offshore · outsourcing · supply chain · exports · imports · foreign subsidiary · regional offices · trade

startup

founder

One who begins something

seed funding · angel investor · bootstrap · pitch deck · equity · scaling · disruptive · pivot · Series A · unicorn

Categories
Opposites
business structure

corporationsole proprietorship

Unincorporated individual-owned business

sole trader · freelancer · independent contractor · partnership · cottage industry

organizational size and power

corporationindividual

One separate human being

small business · cottage industry · artisan · craftsperson · startup

collective vs. individual agency

corporationindividual

One separate human being

person · private citizen · human being · natural person · isolation

Phrases
Family

incorporation, corporations, incorporating, corporatism, reincorporation, reincorporating

Familiarity
Top 50,000
Profile
Known to kids · Used worldwide · Timeless · Everyday, not technical · Rated G