Definition of management company in English:
A company that is set up to manage a group of properties, a mutual fund, an investment fund, etc.
- 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.
Definition of management company in:
- British & World English dictionary
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