Corporation 0 comments Corporation or Joint Stock Company is business organized as a separate legal entity under state corporation law, having ownership divided into transferable shares or stocks. This is one of important Type of Businesses. « Back to Glossary Index Submit a Comment Cancel reply Your email address will not be published. Required fields are marked *Comment Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Notify me of new posts by email.