Definition of livery company noun from the Oxford Advanced Learner's Dictionary


livery company

; NAmE
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any of the ancient City of London guilds (= associations of business people or skilled workers), each with their own special livery (= uniforms). Guilds of traders selling the same goods or services were once very powerful in London, and modern livery companies are descended from them. There are over a hundred of them, including the Grocers, the Drapers, the Fishmongers and the Goldsmiths. Members of each company meet together for social occasions and for charity work. see also Guildhall