a change in the business strategy of an organization resulting in diversification, closing parts of the business, etc, to increase its long-term profitability
- Corporate venturing
noun 1. (finance) the provision of venture capital by one company for another in order to obtain information about the company requiring capital or as a step towards acquiring it
- Corporate village
noun 1. an area close to the workplace where many everyday facilities are provided for a company’s workers
1. financial assistance, as tax breaks or subsidies, given by the government to profit-making companies, especially large corporations.
[kawr-puh-rey-shuh n] /ˌkɔr pəˈreɪ ʃən/ noun 1. an association 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. See also , . 2. (initial capital letter) the group of principal officials of a […]