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A for profit corporation is almost always a stock corporation, but some for profit corporations may choose to be non-stock.

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In American English, the word corporation is most often used to describe large business corporations.

In British English and in the Commonwealth countries, the term company is more widely used to describe the same sort of entity while the word corporation encompasses all incorporated entities.

In American English, the word company can include entities such as partnerships that would not be referred to as companies in British English as they are not a separate legal entity.

A corporation is a company or group of people authorized to act as a single entity (legally a person) and recognized as such in law.

Early incorporated entities were established by charter (i.e.

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