Difference between Institution and Company

What is the difference between Institution and Company?

Institution as a noun is an established organisation, especially one dedicated to education, public service, culture or the care of the destitute, poor etc. while Company as a noun is a group of individuals with a common purpose, as in a company of actors.

Institution

Part of speech: noun

Definition: An established organisation, especially one dedicated to education, public service, culture or the care of the destitute, poor etc. The building which houses such an organisation. A custom or practice of a society or community - marriage for example. A person long established with a certain place or position. The act of instituting.

Company

Part of speech: verb

Definition: To accompany, keep company with.

Part of speech: noun

Definition: A group of individuals with a common purpose, as in a company of actors.In legal context, an entity that manufactures or sells products (also known as goods), or provides services as a commercial venture. A corporation.In non-legal context, any business, without respect to incorporation.Social visitors.companionshipA military unit, typically consisting of two or three platoons.A unit of firefighters and their equipment.The entire crew of a ship.Nickname for an intelligence service.

We hope you now know whether to use Institution or Company in your sentence.

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