1 trading company | Definition of trading company

trading company

noun

Definition of trading company

: a company organized to carry on commerce with foreign nations or in overseas territories trading companies played an important part in the early settlement of America— O. M. Dickerson :
b : a joint stock company for trade and usually colonization legally incorporated (as by the British Crown) under a charter granting the company rights to a specific territory within an area claimed by the authority granting the charter including legal title, a monopoly of trade, and governmental and military jurisdiction
c : an unincorporated company with limited liability for its associates organized principally to settle and develop a land grant obtained from a legally incorporated company