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TeachMeFinance.com - explain Corporation seal historic definition... Corporation seal -- The common seal of a corporation (jointstock company). Formerly a corporation could execute contracts only by its common seal, but now the use of the seal is not necessary in ordinary business, although it is required in extraordinary matters. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.