From Longman Business Dictionaryvirtual organizationˈvirtual organiˌzation (also virtual organisation British English)TELECOMMUNICATIONSCOMMERCEORGANIZATIONS a group of independent organizations that work together through computer networks to achieve their aimSYNVIRTUAL CORPORATIONNo longer restricted to a physical location, virtual corporations can reach the entire world and offer their services locally, nationally, or worldwide. → organization