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Dictionary by pitch.dog
Company forms & group structures · Core

Corporation

Also called: incorporated company

ELI5

A company formed under corporate law as a legal person separate from shareholders.

Used in conversation

“Do not describe corporation as agreed until the operative document says so.”

Pitch context

You will see “Corporation” in board papers, contracts, policies, risk registers and compliance reports when the discussion reaches company forms & group structures.

Why it matters: In company forms & group structures, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

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Sources & evidence · 3

Direct term-level sources and supporting source families.