newco (English, noun)
expansion: newco (plural newcos)
Senses:
topics: business
glosses: A new company, especially one spun-off from or replacing an existing company as a legal fiction to maintain ownership over an entity while separating it from the old company financially.
topics: business
finance
law
glosses: A placeholder name for a business in textbooks.
Forms:
form: newcos
tags: plural