Category:Corporation

A Corporation is a legal entity that is separate and distinct from its owners, and legally recognised from the state as such.
In practical terms, the main difference between a corporation and just a general company is that the corporation is owned by shareholders, while a company can be owned exclusively by a single individual or only a handful of individuals. This means that a corporation is more often than not a publicly traded company, but only requires specifically to be officially listed, even if it is privately traded.