A Corporation

1. A body corporate, 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.
2. The municipal governing body of a borough or city.
3. (historical) In Fascist Italy, a joint association of employers' and workers' representatives.
4. (slang, dated, humorous) A protruding belly; a paunch.