Dictionary![]() ![]() cor•po•ra•tionPronunciation: (kôr"pu-rā'shun), [key] —n. 1. an association of individuals, created by law or under authority of law, having a continuous existence independent of the existences of its members, and powers and liabilities distinct from those of its members. 2. (cap.) the group of principal officials of a borough or other municipal division in England. 3. any group of persons united or regarded as united in one body. 4. Informal.a paunch; potbelly. Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
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