management company

  

Definition

Organization retained by investors/owners to manage mutual funds, unit trusts, hotels, resorts, property development, and offshore companies for a management-fee. Management companies comprise of experienced managers with established track records in their respective fields, and usually provide services such as accounting, general administration, maintenance recruitment, and secretarial services.

Use management company in a sentence

  • I worked for their management company and I really liked getting up everyday early and going into work and spending the day there.

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  • You may want to bring on a management company if you think that things are getting out of hand at your work place.

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  • The management company was reachable and they communicated with us on a nearly daily basis regarding any of our concerns.

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