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livery company

Syllabification: (liv·er·y com·pa·ny)
Definition of livery company

noun

  • (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.

Origin:

mid 18th century: so named because of the distinctive costume formerly used for special occasions

livery company in other Oxford dictionaries

Definition of livery company in the British & World English dictionary