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Here is a random definition from our collection! We will show you a different one each day!Term: corporation
A legal entity that has been granted authority by a state that allows the corporation to act as if it was a person that is distinct from the shareholders who own the corporation. Corporations may issue stock and exist beyond the lifespan of its shareholders.
Added By: Henry(Mechanics Lien, Personal Injury Lawyer Toronto, Birmingham Personal Injury Attorney)