Corp是什么意思

"Corp" is a common abbreviation for "corporation." A corporation is a legal entity that is separate and distinct from its owners. It is created under the laws of a particular state or country and is granted many of the rights and responsibilities associated with individual citizens.

Corporations can engage in business, enter into contracts, own property, and sue or be sued by others. They can also be taxed as separate entities from their owners, and they can issue stock to raise capital. Shareholders, who own shares of stock in the corporation, are not personally liable for the debts and obligations of the corporation, except to the extent of their investment in the company.

Corporations come in various forms and sizes, ranging from small, family-owned businesses to large, multinational conglomerates. They are governed by a board of directors, who are elected by the shareholders, and who in turn hire a management team to run the day-to-day operations of the corporation.