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crown corporation

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Crown corporation

 
Use crown corporation in a Sentence
–noun Canadian.
a commercial company owned by the government and controlled and partially operated by civil servants.
Origin:
1960–65
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Financial Dictionary

Crown Corporation

Any corporation that is established and regulated by a country's government.

Investopedia Commentary

An example of a crown corporation is Canada Post, the mail service in Canada.

See also: Corporation

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