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Corporation

ˌkɔːpəˈreɪʃn

Corporation definitions
noun
corporation corporations
  1. a large company or group of companies authorized to act as a single entity and recognized as such in law

    "the Cardiff Bay Development Corporation"

  2. a group of people elected to govern a city, town, or borough

    "the City of London Corporation"

    council town council municipal authority civic authority
  3. a paunch