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Just before Christmas or New Years (and maybe some other holidays), companies organise a party for their workers. What do you call a thing like that?

In Russia it is so common that they have a special word for that. Sounds totally like a loanword from English — ‘Korporativ’ (noun) — because the Russian words don't have this word-formation, we don't even use the root ‘corporate’ unless it's very business-y.

Why I am asking this is because I can't look it up in a dictionary, that word 'korporativ' is not in dictionaries yet. And I hope it won't be. But really for now there is no other proper way to call a party like that.

PS Not necessarily a Single word

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    holiday party, Christmas party, company party, work holiday party, holiday event. I could use corporate party in a pinch, but I really would not. (It might be the case the only reason "Corporate Party" is in my vocabulary at all is that it's a feature in "Spyfall", the card game created by Ukrainian game designer Alexandr Ushan.) – Mike Graham Dec 27 '19 at 6:54
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Office party, work party, or even work's "do"...to add to the list given by Mike Graham.

A corporate event isn't likely to be one put on for employees. It's more likely to be for clients or for a specific business purpose like the launch of a new product. For example, corporate hospitality at a sporting or cultural event.

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    Yeah, "office party" would be most common in the US, for office workers. I'm not aware of a strongly favored term for parties for, eg, factory workers or truck drivers, though "company party" is likely used. – Hot Licks Dec 27 '19 at 13:06

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