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S-A node
S. Afr.
S.B.
S band
S-bend
S.C.
s/c
s.c.i.
S corporation
S.D.
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S corporation

S cor·po·ra·tion (plural S cor·po·ra·tions)


noun 
Definition:
 
corporation taxed liked a partnership: a corporation in which five or fewer people own at least half the stock. It enjoys the legal rights of a corporation but is taxed like a partnership.

[< Subchapter S of the Internal Revenue Code]
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