Meaning

1 senses
  1. A retailer of provisions and general merchandise, owned by a firm which operates a mine or other industry nearby, and at which the firm's employees are required to shop, to pay high prices, and to make payments through payroll deductions or a truck system, typically resulting in the accumulation of considerable employee indebtedness.

Dictionary text adapted from Wiktionary (Wiktionary contributors, CC BY-SA 4.0) and Open English WordNet / Princeton WordNet (CC BY 4.0, WordNet License); shared under CC BY-SA 4.0. Example sentences and recordings are credited where they appear.

company store — meaning, examples, forms, synonyms | Krumeto