What does the cryptic crossword clue "Corporation showed sign of cut – admit it’s in very bad shape (10)" mean?

This cryptic clue uses wordplay to arrive at the answer. Visit the page for progressive hints — definition, wordplay type, and a full step-by-step explanation.

Corporation showed sign of cut – admit it’s in very bad shape (10)

Guardian Cryptic #29672 | 13 Down | 2025-04-18 flower

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