Akademik

noun /ˈkɔːpoˈreɪʃn,ˌkɔɹpəˈɹeɪʃən/

a) 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.

b) In Fascist Italy, a joint association of employers and workers representatives.

See Also: corporate