COMPANY CAR Meaning and
Definition
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A company car refers to a vehicle that is owned or leased by a company and is provided to its employees for business-related purposes. It is a perk or benefit offered by the employer, granting employees access to a vehicle for work-related travel requirements.
Typically, company cars are provided to employees who require frequent travel for their job, such as sales representatives, field technicians, or executives. These vehicles are meant to enhance the employee's productivity and facilitate their mobility when conducting business activities. Company cars can vary widely in terms of type, brand, and model, with different organizations having different policies and budget allocations for such vehicles.
The company typically covers the costs associated with the car, including its purchase or lease, maintenance, insurance, and fuel expenses. However, there might be certain limitations and guidelines set by the company regarding personal use of the company car, such as mileage restrictions or restrictions on using the vehicle for non-business-related purposes.
Company cars often feature the company's name or logo, serving as a mobile advertising platform. This also helps to establish a professional image and promotes brand visibility.
Overall, company cars contribute to enhancing job performance, job satisfaction, and provide convenience for employees who require frequent travel for work-related activities.
Common Misspellings for COMPANY CAR
- xompany car
- vompany car
- fompany car
- dompany car
- cimpany car
- ckmpany car
- clmpany car
- cpmpany car
- c0mpany car
- c9mpany car
- conpany car
- cokpany car
- cojpany car
- comoany car
- comlany car
- com-any car
- com0any car
- compzny car
- compsny car
- compwny car
Etymology of COMPANY CAR
The word "company car" originates from the combination of two terms: "company" and "car".
The term "company" has its roots in the Old French word "compaignie" derived from the Late Latin word "companio", meaning "companion" or "associate". It referred to a group of people united for a specific purpose, especially in business.
On the other hand, "car" traces back to the Latin word "carrus", which initially referred to a two-wheeled wagon or cart.Over time, "car" evolved to describe various types of motor vehicles used for transportation.
Therefore, the term "company car" emerged to describe a motor vehicle provided by a company to its employees for business purposes. It implies that the car is owned or leased by the company and made available to its employees for their work-related travel needs.
