English is a distinctive language where many words are so similar that they cause confusion in the readers and writers minds. Cooperation and corporation are an example of such words. Cooperatives and corporations may sound like one and the same thing, but they are very different in the formation, running, and the purposes they serve. A cooperative is a legal entity owned by a group of people who come together voluntarily for their mutual benefit. These people usually join hands to fulfill their common economic, social, or cultural needs, a task that would be hard to accomplish if one was left to handle it alone. A corporation is a legal entity formed by a group of people who contribute capital, but it exists as a separate legal entity having its own privileges and liabilities distinct from those of its members.
The word corporation originated from late Middle English: from late Latin corporatio(n- ), from Latin corporare ‘combine in one body’ corporate. The word cooperation originated from late Middle English: from Latin cooperatio(n- ), from the verb cooperari (see cooperate); later reinforced by French cooperation.
Corporation as noun:
Corporation is used as a noun in English language where it means a large company or group of companies authorized to act as a single entity and recognized as such in law. It has synonyms like company, firm, business, concern, operation and agency.
Cooperation as noun:
Cooperation is also used as a noun in English language where it means the action or process of working together to the same end. It has synonyms like collaboration, working together, joint action, combined effort, teamwork and mutual support etc.
Corporation or cooperation:
Cooperate is a verb which is the process of working or acting together with someone else in order to achieve a goal. Cooperate as a verb can also be defined as the act of assisting someone or willing to assist. A third definition for cooperate is the process of doing something that someone or a group of people want you to do. Never confuse the two or use them interchangeably, for they are not the same!