English Vocabulary


company

I never got the different meaning of "corporation" and "company"? Is it only a question of firm's size? Who knows?

1 comments

  • Go and see those words on answers.com. It's my favorite dict. on line.


    In the businees field, a corporation is generally a legal entity having its own rights and liabilities distinct from those of its members. For instance, a limited company [Ge Aktiengesellschaft; Fr société anonyme] can be called a corporation.


    In the business field "Generally, a company is a form of business organization. The precise definition varies.


    In the United States, a company is a corporation — or, less commonly, an association, partnership, or union — that carries on an industrial enterprise. Generally, a company may be a corporation, partnership, association, joint-stock company, trust, fund, or organized group of persons, whether incorporated or not, and (in an official capacity) any receiver, trustee in bankruptcy, or similar official, or liquidating agent, for any of the foregoing."


    In English law, and therefore in the Commonwealth realms, a company is a form of body corporate or corporation, generally registered under the Companies Acts or similar legislation. It does not include a partnership or any other unincorporated group of persons." (from Answers.com)


    To my mind, speaking about the Delavigne Corporation we could refer to as "the company" as it is an American entity, be it a listed company or not.


    If I say "Bruno and company", it's a bit different. (lol)

Please sign in to leave a comment.