From Longman Dictionary of Contemporary Englishcompany carˌcompany ˈcar noun [countable] TTCBEa car that your employer gives you while you work for them
Examples from the Corpus
company car• The typical executive has a company car, private medical insurance and a company pension scheme.• When one person has a company car, every one will want a company car.• But the Chancellor also announced a reform in the way the tax for company car use is applied.• Bob already had a nice new company car.From Longman Business Dictionarycompany carˌcompany ˈcar noun [countable] a car provided by a company to an employee, especially a manager 