Newco definition

(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.
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(law, finance) A placeholder name for a business in textbooks.
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Other Word Forms

Noun

Singular:
newco
Plural:
newcos

Origin of newco

  • new +‎ co.

    From Wiktionary