'corporate-managed' originates from the combination of 'corporate' and 'managed', where 'corporate' comes from Latin 'corporatus', meaning 'formed into a body', and 'managed' from Old French 'managier', meaning 'to handle'.

'corporate' evolved from the Latin 'corporatus' through Old French 'corporatif', and 'managed' from Old French 'managier', eventually forming the modern English term 'corporate-managed'.

Initially, 'corporate' referred to a body or group, and 'managed' meant to handle or control. Together, they evolved to mean 'controlled by a corporation'.