newco
Noun
Meaning
(business) 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.
(law, finance) A placeholder name for a business in textbooks.
Source: en.wiktionary.orgAnagrams
Examples
The Government of Belize issued an official statement today saying, “The cases upheld arbitration awards against Belize procured by NEWCO, Belize Social Development Limited (BSDL) and BCB Holdings Limited.
In any case, last week our head of product came over, and we were riffing on the bigger ideas behind NewCo.
The Government must be clear in understanding and communicating its objectives for a NewCo and what if any support will be provided by the Government to a NewCo.
Media/Tech Business Models on Where I’ll Be For NewCo Boston April 26-7 – Come Join Me!
Website 'under construction,' no word yet on 'NewCo'