What is C corporation?
An entity offering limited liability to shareholders but taxed twice (once at the corporate level and again on dividends or gains), which is why it is uncommon for direct property ownership (the REIT is the major exception).
Where you will use it: this term comes up in the Real Estate Finance course, and the full course glossary collects every term in one place.
Related terms
From the free Real Estate Finance course by Devon Coombs, CPA, MBA.