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

livery company

noun
 
/ˈlɪvəri kʌmpəni/
 
/ˈlɪvəri kʌmpəni/
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  1. any of the ancient City of London guilds (= associations of business people or workers with special skills), 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 the Guildhall
trait
noun
 
 
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