University - (n.) An association, society, guild, or corporation, esp.
one capable of having and acquiring property.
University - (n.) An institution organized and incorporated for the
purpose of imparting instruction, examining students, and otherwise
promoting education in the higher branches of literature, science, art,
etc., empowered to confer degrees in the several arts and faculties, as
in theology, law, medicine, music, etc. A university may exist without
having any college connected with it, or it may consist of but one
college, or it may comprise an assemblage of colleges established in
any place, with professors for instructing students in the sciences and
other branches of learning.