operating company


Also found in: Legal, Acronyms.

Operating Company

A company that makes a good or provides a service that it then sells to customers or clients. An operating company contrasts with a holding company whose main function is to own other companies.

operating company

A business that engages in transactions with outsiders.
References in periodicals archive ?
The consent solicitation may be amended, extended or terminated, at the option of Harrah's Operating Company.
Harrah's Operating Company reserves the right to modify the consent solicitation statement or to terminate the consent solicitation.
Day-to-day management of the new operating company will be the responsibility of Harry Brouwer.
Since the new name of the operating company is Unilever Nederland B.
We require operating company boards to be involved with strategy because, for Acordia to succeed in the highly competitive insurance brokerage business, our operating companies must achieve aggressive client-service and financial performance goals.
The involvement of operating company directors their companies' strategies takes three forms:
Through its MFS Telecom operating company, MFS provides local private line and special access services in major metropolitan areas throughout the United States.
Our operating company presidents have signed on for this five-year plan.
Last year, the operating companies realized they could drive the process by putting a business development person at each operating company.
The ratings incorporate the structural subordination of the bank facility to operating company debt.
Often they buy into the shell company hoping that the share price will rise after merger with an operating company.
By contrast, when a shell company is used as a vehicle to go public, the operating company purchases the shell and merges with the shell.