The term CORP. SUITS is a combination of two words, CORP and SUITS. CORP stands for corporation, which is a business entity that is owned by shareholders and managed by a board of directors. SUITS refers to the formal attire worn by executives in a corporate setting. EXECS is the 5-letter solution to this crossword puzzle, and it stands for executives, which are the highest-ranking members of a corporation. Executives are responsible for making decisions and setting policies for the company.