East India Company

Definition of East India Company

Originally established for prosecuting the trade between England and India, which they acquired a right to carry on exclusively. The company’s political affairs became of more importance than their commerce. In 1858, by 21 & 22 Viet., c. 106, the government of the territories of the company was transferred to the crown. The company was finally dissolved in 1874.

That's the definition of East India Company in Black's Law Dictionary 6th Edition. Courtesy of Cekhukum.com.