Corporation

Property	Value
A technical identifier, unique in a certain context. Technical key	LF001
Language-specific name. Monolingual name	Corporation (en)
Language-specific short name. Monolingual short name	Corp. (en)
Informal and comprehensive human-readable definition of a concept. Description	A corporation is a legal entity that is separate and distinct from its owners, known as shareholders. It has its own rights, privileges, and liabilities apart from the individuals who form it. Corporations can enter contracts, loan and borrow money, sue and be sued, hire employees, own assets, and pay taxes. Its shareholders are not personally liable for corporate debts.