Definition of management company in English:

management company

Line breaks: man¦age|ment com|pany

noun

  • A company which is set up to manage a group of properties, a unit trust, an investment fund, etc..
    More 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.

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Word of the day milord
Pronunciation: mɪˈlɔːd
noun
used to address an English nobleman