| 单词 | corporation |
| 释义 | corporation (once / 277 pages) 1n 2n Most of us think of corporations as companies––Kodak is one, Kellogg another, Disney a third. In reality, a corporation has a very particular legal meaning––it's a company that registers with a state government such that it has the same rights and responsibilities as a person. Know the word corpse? It means a dead body, and comes from the Latin corpus "body." One way to remember corporation is that it turns a company into a body––a body that is considered a person in many respects in the eyes of the law. Corporations must pay taxes and follow laws. Because it is a separate entity, when a corporation fails, its employees and managers are not responsible for its debts. WORD FAMILYcorporation: corporations USAGE EXAMPLESIn the past few decades, we’ve grown accustomed to holding corporations responsible for their labor practices and environmental records. The New Yorker(Jan 01, 2017) Resettlement, said Lyle Jepson, the executive director of the Rutland Economic Development Corporation, is “supporting people when they need help.” New York Times(Jan 02, 2017) The $30 billion total cost was the largest amount paid for a corporation at the time. Washington Post(Dec 31, 2016) 1 n a business firm whose articles of incorporation have been approved in some state 2Syn|Hypo|Hyper corp conglomerate, empire a group of diverse companies under common ownership and run as a single organization large capa corporation with a large capitalization small capa corporation with a small capitalization close corporation, closed corporation, private corporation, privately held corporationa corporation owned by a few people; shares have no public market closely held corporationstock is publicly traded but most is held by a few shareholders who have no plans to sell shell corporation, shell entitya company that is incorporated but has no assets or operations FDIC, Federal Deposit Insurance Corporationa federally sponsored corporation that insures accounts in national banks and other qualified institutions FHLMC, Federal Home Loan Mortgage Corporation, Freddie Maca corporation authorized by Congress to provide a secondary market for residential mortgages FNMA, Fannie Mae, Federal National Mortgage Associationa federally chartered corporation that purchases mortgages Boy Scouts of Americaa corporation that operates through a national council that charters local councils all over the United States; the purpose is character building and citizenship training publishing conglomerate, publishing empirea conglomerate of publishing companies family businessa corporation that is entirely owned by the members of a single family business firm, firm, house the members of a business organization that owns or operates one or more establishments n slang for a paunch Syn|Hyper bay window, pot, potbelly, tummy belly, paunch a protruding abdomen |
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