Funds received from businesses and organizations are called as corporate donations.
Explanation:
Political parties receives funding from various sources to fund their campaign and their other required activities.
There is a limit implied on the amount that can be contributed by various sources towards political party.
Certain organizations that can make contributions are labor organization, trade unions, national banks and incorporated organizations.
The term corporate donations refers to the financial contribution done by a business or and organization to further their own objectives. However, political donations deserve some special considerations.
These corporate donations serves as traditional source of donations for political parties.
