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Corporation vs Foundation - What's the difference?

corporation | foundation |

As nouns the difference between corporation and foundation

is that corporation is a group of individuals, created by law or under authority of law, having a continuous existence independent of the existences of its members, and powers and liabilities distinct from those of its members while foundation is the act of founding, fixing, establishing, or beginning to erect.

corporation

English

Noun

(en noun)
  • A group of individuals, created by law or under authority of law, having a continuous existence independent of the existences of its members, and powers and liabilities distinct from those of its members.
  • *
  • , title=The Mirror and the Lamp , chapter=2 citation , passage=That the young Mr. Churchills liked—but they did not like him coming round of an evening and drinking weak whisky-and-water while he held forth on railway debentures and corporation loans. Mr. Barrett, however, by fawning and flattery, seemed to be able to make not only Mrs. Churchill but everyone else do what he desired.}}
  • In Fascist Italy, a joint association of employers' and workers' representatives.
  • (slang) A protruding belly; a paunch.
  • * 1918 , (Katherine Mansfield), ‘Prelude’, Selected Stories , Oxford World's Classics paperback 2002, page 91:
  • 'You'd be surprised,' said Stanley, as though this were intensely interesting, 'at the number of chaps at the club who have got a corporation .'
  • * 1974 , (GB Edwards), The Book of Ebenezer Le Page , New York 2007, p. 316:
  • He was a big chap with a corporation already, and a flat face rather like Dora's, and he had a thin black moustache.

    Derived terms

    * corporate veil * British Broadcasting Corporation

    foundation

    English

    Noun

    (en noun)
  • The act of founding, fixing, establishing, or beginning to erect.
  • That upon which anything is founded; that on which anything stands, and by which it is supported; the lowest and supporting layer of a superstructure; groundwork; basis; underbuilding.
  • * {{quote-magazine, date=2013-07-20, volume=408, issue=8845, magazine=(The Economist)
  • , title= The attack of the MOOCs , passage=Since the launch early last year of […] two Silicon Valley start-ups offering free education through MOOCs, massive open online courses, the ivory towers of academia have been shaken to their foundations . University brands built in some cases over centuries have been forced to contemplate the possibility that information technology will rapidly make their existing business model obsolete.}}
  • (card games) In solitaire or patience games, one of the piles of cards that the player attempts to build, usually holding all cards of a suit in ascending order.
  • (architecture) The lowest and supporting part or member of a wall, including the base course and footing courses; in a frame house, the whole substructure of masonry.
  • * {{quote-news, year=2012, date=May 20, author=Nathan Rabin, work=The Onion AV Club
  • , title= TV: Review: THE SIMPSONS (CLASSIC): “Marge Gets A Job” (season 4, episode 7; originally aired 11/05/1992) , passage=“Marge Gets A Job” opens with the foundation of the Simpson house tilting perilously to one side, making the family homestead look like the suburban equivalent of the Leaning Tower Of Pisa. }}
  • A donation or legacy appropriated to support a charitable institution, and constituting a permanent fund; endowment.
  • That which is founded, or established by endowment; an endowed institution or charity.
  • (cosmetics) Cosmetic cream roughly skin-colored, designed to make the face appear uniform in color and texture.
  • A basis for social bodies or intellectual disciplines.
  • * {{quote-magazine, date=2013-08-03, volume=408, issue=8847, magazine=(The Economist)
  • , title= Boundary problems , passage=Economics is a messy discipline: too fluid to be a science, too rigorous to be an art. Perhaps it is fitting that economists’ most-used metric, gross domestic product (GDP), is a tangle too.

    Derived terms

    * foundation stone

    Synonyms

    *(act of founding) establishment *groundwall

    Antonyms

    *(act of founding) abolition, dissolution, ruination