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Firm vs Corporation – What’s the difference?

Firm vs Corporation - What's the difference?
As nouns the difference between firm and corporation is that firm is (uk|business) a business partnership; the name under which it trades while 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.

As an adjective firm is steadfast, secure, hard (in position).
As a verb firm is to make firm or strong; fix securely.

firm

English

Etymology 1

From (etyl) .

Noun

(en noun )

  • (UK, business) A business partnership; the name under which it trades.
  • (business, economics) A business enterprise, however organized.
  • * {{quote-magazine, date=2013-06-01, volume=407, issue=8838, page=71, magazine=(The Economist)
  • , title= End of the peer show
    , passage=Finance is seldom romantic. But the idea of peer-to-peer lending comes close. This is an industry that brings together individual savers and lenders on online platforms.

  • (slang) A criminal gang.
  • Etymology 2

    (etyl) ferme, from (etyl) ferme, from (etyl) .

    Adjective

    (er)

  • steadfast, secure, hard (in position)
  • * It’s good to have a firm grip when shaking hands.
  • fixed (in opinion)
  • a firm”’ believer; a ”’firm”’ friend; a ”’firm adherent
  • * He was firm that selling his company would a good choice and didn’t let anyone talk him out of it.
  • * {{quote-news
  • , year=2012
    , date=May 9
    , author=John Percy
    , title=Birmingham City 2 Blackpool 2 (2-3 on agg): match report
    , work=the Telegraph
    citation
    , page=
    , passage=With such constant off-field turmoil Hughton’s work has been remarkable and this may have been his last game in charge. West Bromwich Albion, searching for a replacement for Roy Hodgson, are firm admirers.}}

  • solid, rigid (material state)
  • firm”’ flesh; ”’firm”’ muscles, ”’firm”’ wood; ”’firm land (i.e. not soft and marshy)
    Derived terms

    * firm up
    * firmish
    * firmly
    * firmness
    * firmware

    Verb

    (en verb )

  • To make firm or strong; fix securely.
  • To make compact or resistant to pressure; solidify.
  • To become firm; stabilise.
  • To improve after decline.
  • Aust. To shorten (of betting odds).
  • Anagrams

    *
    *
    —-

    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