These are legal entities created by the registration of appropriate incorporating documents with the supervising government office. These May be private (ownership sometimes held by specific individuals ,these are not traded on a public stock exchange) or public corporations (shares can be bought by everyday people). The Shareholders are protected from liability for faulty the actions of the corporation.
Corporations are what built up every single developped nation in the world. if you don't like them move to ethiopia.
by mAGIK bUS April 11, 2005
A necessary, healthy, and useful byproduct of capitalism, which mass-produces/performs goods/services (respectively) at relatively low costs.
Corporations are the reason capitalism works.
by Der Capitan December 07, 2003
Usually begin as small successful sole proprietary, or partnership businesses that grow and because they're successful and make money whiney liberals bitch that they aren't doing enough to help the poor who for the most part won't help themselves. WAH THE CORPORATION IS MAKING MONEY THAT MEANS WE SHOULD TAKE IT ALL AWAY AND COMPLETELY DESTROY PRODUCTIVITY IN THE US.
IDIOT LIBERAL #1: "Let's make America more like the "Utopia" that Europe is"
IDIOT LIBERAL #2: "Fuck businesses over with high taxes that force them to relocate to other countries and destroy job growth and the economy here!"
IDIOT LIBERAL #1: "SHOULD WE ELIMINATE FREE SPEECH TOO?"
IDIOT LIBERAL #2: "THE MEDIA WILL DO THAT FOR US!"
by Japanadan October 11, 2004

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