(In the UK) any of a number of companies of the City of London descended from the medieval trade guilds. They are now largely social and charitable organizations.
- During the mid 1800s, many colleges purchased their own barges, often from London livery companies, which they used as club rooms and moored alongside Christ Church meadow.
- Ancient crafts met modern technology when members of a London livery company visited Clyde Naval Base.
- Frequented by stockbrokers, trading and livery companies, insurance schemes (spurred by the fire of 1666) were initiated, ‘bubble’ schemes hatched, and ships' passages announced there.
Mid 18th century: so named because of the distinctive costume formerly used for special occasions.
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Syllabification: liv·er·y com·pa·ny
Definition of livery company in:
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