Definition of Combine

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TeachMeFinance.com - explain Combine




historic definition...

Combine -- An abbreviation or contraction of the word combination; it applies to a combination of separate concerns or interests by an understanding or compact, as a pool (see Pool), but not by an actual consolidation. To an actual consolidation when the purpose is to control a particular industry or business the term trust is generally applied. The term ring is sometimes mistakenly used in place of combine ; specifically ring -refers to a clique or coterie of persons and not to a combination of concerns or interests. Combine is a newer term than either ring or trust and has been rather loosely used.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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