The term 'corporate body' can be defined as a group of people who are legally responsible for the management and direction of a company. The crossword solution for this term is 'BOARD, ' which is a group of individuals who are elected or appointed to oversee the activities of a company. The BOARD is responsible for making decisions that will affect the company's future, such as setting policies, approving budgets, and appointing executives. The BOARD also serves as a link between the company and its shareholders, providing them with information about the company's performance and progress.