Meaning & use
management company
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Meanings
nouncountablebusiness
a company that runs the daily business or property affairs of another organization or of a group of owners
Grammar: Countable: use a management company or management companies.
Patterns
- a management company for something
- appoint a management company
- run a management company
The residents hired a management company to collect fees and arrange repairs.
The band signed with a new management company after leaving their old label.
A property management company handles the building's maintenance and accounts.
nouncountablefinance
a firm that invests money for clients and manages their funds
Grammar: Countable; common in finance contexts.
Patterns
- an investment management company
- a fund management company
She works for an investment management company in the city.
The pension fund is run by an independent management company.
Word forms
| plural | management companies |
|---|
Common combinations
- property management company
- The landlord uses a property management company to deal with tenants.
- investment management company
- An investment management company looks after money for wealthy clients.
- appoint a management company
- The owners voted to appoint a management company for the whole site.
Synonyms and how they differ
- administrator
- A person or firm that handles the practical running of something; it is broader and not always a company.
- agent
- Someone who acts for another person or business, but an agent does not necessarily manage the whole operation.
Word family
- manage verb
- To be in charge of a business, team, or activity.
- manager noun
- A person who controls part of a company or a group of staff.
- managerial adjective
- Relating to managers or the work of managing.
Commonly confused: management company or management consultancy?
management company vs management consultancy
A management company runs operations; a management consultancy gives expert advice to other companies.
Practice
Which sentence uses 'management company' correctly?
Choose one answer.
A management company is a business that runs things such as a building, so it can fix a roof. The other options use it as a verb, an adjective, or a place, which is wrong.
Make it your own
Write a sentence using “management company”, then check it and compare it with the examples above.