Definition of livery company in English:
(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.
Definition of livery company in:
- British & World English dictionary