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Company store
Meaning
Noun
●
In Business:
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
employee
s 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.
Sourced from
Wiktionary
Synonyms
Company-Store
Industrial Store
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