Definition of management company in English:

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management company

Pronunciation: /ˈmanijmənt ˈkəmp(ə)nē/

noun

A company that is set up to manage a group of properties, a mutual fund, an investment fund, etc.
Example sentences
  • Trident Holiday Homes will be marketing and managing the properties through the management company.
  • In return, apartment owners pay an annual service charge to the management company.
  • A service charge will be payable to a management company responsible for the maintenance of the common areas.

For editors and proofreaders

Syllabification: man·age·ment com·pa·ny

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