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One of the most attractive early advantages business corporations offered to their investors, compared to earlier business entities like sole proprietorships and general partnerships, was limited liability. Limited liability means that a passive shareholder.

Where local law distinguishes corporations by their ability to issue stock, corporations allowed to do so are referred to as stock corporations; one type of investment in the corporation is through stock, and owners of stock are referred to as stockholders or shareholders. Corporations

There is some overlap between stock non-stock and for-profit not-for-profit in that not-for-profit corporations are always non-stock as well. A for-profit corporation is almost always a stock corporation, but some for-profit corporations.

Kyle Dean

Corporate, Business & Digital Agency

American English, the word corporation is most often used to describe large business corporations. In British English and in the Commonwealth countries, the term company is more widely used to describe the same sort of entity while the word corporation encompasses.

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The word "corporation" derives from corpus, the Latin word for body, or a "body of people". By the time of Justinian reigned 527–565, Roman law recognized a range of corporate entities under the names Universitas, corpus or collegium.

A corporation is an organization—usually a group of people or a company—authorized by the state to act as a single entity a legal entity recognized by private and public law.