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company town

   Also found in: Encyclopedia, Wikipedia 0.01 sec.
company town
n.
A town whose residents are dependent on the economic support of a single firm for maintenance of retail stores, schools, hospitals, and housing.

company town
n
(Business / Commerce) US and Canadian a town built by a company for its employees


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It is also a memoir of the town and, by extension, a thousand other small one company towns in America.
It is typical behaviour from an overbearing organisation that seems to think this is a company town in which it can throw its weight in whatever way it likes, grabbing anything that will help feed its appetite for cash.
The island's only settlement, Matthew Town, is essentially a company town where Morton even operates a general store.
 
 
 
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