This is the 5825th most frequent French word.
corporation
A formal association of people with shared interests, often in a labor or professional context.
Here, 'corporation' is used to mean a formal association or guild typically related to a profession or trade.
La corporation des artisans organise une foire annuelle.
The guild of artisans organizes an annual fair.
In this context, 'corporation' refers to a collective group or association of individuals such as a student society.
La corporation des étudiants a proposé de nouvelles activités pour le semestre.
The student society proposed new activities for the semester.
Here, 'corporation' reflects the more modern usage denoting a business organization or company.