Download the app
educalingo
Search

Meaning of "South Sea Company" in the English dictionary

Dictionary
DICTIONARY
section

PRONUNCIATION OF SOUTH SEA COMPANY

South Sea Company  [saʊθ siː ˈkʌmpənɪ] play
facebooktwitterpinterestwhatsapp

GRAMMATICAL CATEGORY OF SOUTH SEA COMPANY

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
South Sea Company is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES SOUTH SEA COMPANY MEAN IN ENGLISH?

South Sea Company

South Sea Company

The South Sea Company was a British joint-stock company founded in 1711, created as a public–private partnership to consolidate and reduce the cost of national debt. The company was also granted a monopoly to trade with South America, hence its name. At the time it was created, Britain was involved in the War of the Spanish Succession and Spain controlled South America. There was no realistic prospect that trade would take place and the company never realised any significant profit from its monopoly. Company stock rose greatly in value as it expanded its operations dealing in government debt, peaking in 1720 before collapsing to little above its original flotation price; this became known as the South Sea Bubble. The Bubble Act 1720, which forbade the creation of joint-stock companies without royal charter, was promoted by the South Sea company itself before its collapse. This was an effort to prevent the increasing competition for investors, which it saw from companies springing up around it. A considerable number of people were ruined by the share collapse, and the national economy greatly reduced as a result.

Definition of South Sea Company in the English dictionary

The definition of South Sea Company in the dictionary is a British joint stock company that traded in South America in the 18th century. The South Sea Company took over the national debt in return for a monopoly of trade with the South Seas, causing feverish speculation in their stocks, and a financial crash in 1720.

WORDS THAT RHYME WITH SOUTH SEA COMPANY


accompany
əˈkʌmpənɪ
Albany
ˈɔːlbənɪ
Anthony
ˈæntənɪ
Antony
ˈæntənɪ
balcony
ˈbælkənɪ
Bethany
ˈbɛθənɪ
Brittany
ˈbrɪtənɪ
ceremony
ˈsɛrɪmənɪ
colony
ˈkɒlənɪ
company
ˈkʌmpənɪ
ebony
ˈɛbənɪ
Germany
ˈdʒɜːmənɪ
harmony
ˈhɑːmənɪ
mahogany
məˈhɒɡənɪ
symphony
ˈsɪmfənɪ
tenpenny
ˈtɛnpənɪ
testimony
ˈtɛstɪmənɪ
tiffany
ˈtɪfənɪ
timpani
ˈtɪmpənɪ
tympani
ˈtɪmpənɪ

WORDS THAT BEGIN LIKE SOUTH SEA COMPANY

South Korean
South Lanarkshire
South Moluccas
South Orkney Islands
South Ossetia
South Ossetian Autonomous Region
South Pacific
South Pole
South Saskatchewan
South Sea Bubble
South Sea Islands
South Seas
South Shetland Islands
South Shields
South Sudan
South Tirol
South Tyneside
South Tyrol
South Vietnam
South Vietnamese

WORDS THAT END LIKE SOUTH SEA COMPANY

construction company
dance company
development company
free company
hire company
holding company
insurance company
limited company
limited liability company
management company
manufacturing company
parent company
private company
production company
public company
publishing company
shipping company
start-up company
theatre company
trading company
trust company

Synonyms and antonyms of South Sea Company in the English dictionary of synonyms

SYNONYMS

Translation of «South Sea Company» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF SOUTH SEA COMPANY

Find out the translation of South Sea Company to 25 languages with our English multilingual translator.
The translations of South Sea Company from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «South Sea Company» in English.

Translator English - Chinese

南海公司
1,325 millions of speakers

Translator English - Spanish

South Sea Company
570 millions of speakers

English

South Sea Company
510 millions of speakers

Translator English - Hindi

दक्षिण सागर कंपनी
380 millions of speakers
ar

Translator English - Arabic

شركة بحر الجنوب
280 millions of speakers

Translator English - Russian

South Sea Company
278 millions of speakers

Translator English - Portuguese

Sul Sea Company
270 millions of speakers

Translator English - Bengali

দক্ষিণ সাগর কোম্পানি
260 millions of speakers

Translator English - French

South Sea Company
220 millions of speakers

Translator English - Malay

Syarikat Laut Selatan
190 millions of speakers

Translator English - German

South Sea Company
180 millions of speakers

Translator English - Japanese

南海会社
130 millions of speakers

Translator English - Korean

남해 회사
85 millions of speakers

Translator English - Javanese

South Sea Company
85 millions of speakers
vi

Translator English - Vietnamese

Công ty Biển
80 millions of speakers

Translator English - Tamil

தென் கடல் நிறுவனம்
75 millions of speakers

Translator English - Marathi

दक्षिण समुद्र कंपनी
75 millions of speakers

Translator English - Turkish

Güney Denizi Şirketi
70 millions of speakers

Translator English - Italian

South Sea Company
65 millions of speakers

Translator English - Polish

South Sea Company
50 millions of speakers

Translator English - Ukrainian

South Sea Company
40 millions of speakers

Translator English - Romanian

Compania South Sea
30 millions of speakers
el

Translator English - Greek

South Sea Company
15 millions of speakers
af

Translator English - Afrikaans

Suid- Sea Company
14 millions of speakers
sv

Translator English - Swedish

South Sea Company
10 millions of speakers
no

Translator English - Norwegian

South Sea Company
5 millions of speakers

Trends of use of South Sea Company

TRENDS

TENDENCIES OF USE OF THE TERM «SOUTH SEA COMPANY»

The term «South Sea Company» is normally little used and occupies the 146.887 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Little used
31
/100
The map shown above gives the frequency of use of the term «South Sea Company» in the different countries.
Principal search tendencies and common uses of South Sea Company
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «South Sea Company».

FREQUENCY OF USE OF THE TERM «SOUTH SEA COMPANY» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «South Sea Company» during the past 500 years. Its implementation is based on analysing how often the term «South Sea Company» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about South Sea Company

EXAMPLES

10 ENGLISH BOOKS RELATING TO «SOUTH SEA COMPANY»

Discover the use of South Sea Company in the following bibliographical selection. Books relating to South Sea Company and brief extracts from same to provide context of its use in English literature.
1
The Secret History of the Late Directors of the ...
... five Quintals ofMuiket-Balls - - 600 package and Land-Carriage, &c. - : - 350 One hundred Quintals of Iran - 2000 Eighteen Stnintals of Stiel — — 450 34187 — to to his. Excellency, for that in two Days Bedell was of the South-Sea Company.
Daniel Templeman, 1735
2
The First Crash: Lessons from the South Sea Bubble
This book is therefore aimed at all those with an interest in the behavior of stock markets.
Richard Dale, 2014
3
A Letter to the Proprietors of the South-Sea Company: With a ...
South-Sea. Company,. GENT LEM EN, EVE R A L Perfons, afraid of fhameful Confequences to themfelyes by a fair, open Impeachment of my Conduct in your Service, or any other Part of Lite, having with great Indu- flry and Invention privately ...
Richard Coope, 1739
4
A letter to the proprietors of Stock in the South-Sea ...
Edward HOLMES (Barrister at Law.) so as to command the highest possible rate of return and improve'ment possible on investments by prudent commercial men. N or has the matter been untried; on the contrary, Societies and Companies ...
Edward HOLMES (Barrister at Law.), 1853
5
A Financial History of the United States: From Christopher ...
This speculative mania was driven by the sale of shares in the South Sea Company. This company was formed to conduct trade with Spanish America ( South America) and to carry out whaling there.40 In exchange for the exclusive right to ...
Jerry W. Markham, 2002
6
A Chronological History of the Discoveries in the South Sea ...
The Charter of the South Sea Company, similar to Pope chap, i -2. Alexander the Vlth's Bull of Donation, had bestowed upon the charter Company, ' from the 1st of August, 171 1, for ever,' the sole of the trade and traffic to the parts of America ...
James Burney, 2010
7
Industrializing English Law: Entrepreneurship and Business ...
reading, has been overlooked by most historians, yet it deserves special attention in the present context.13 This clause states that any subscription made by the South Sea Company shall be valid. The clause was cited shortly after the burst in  ...
Ron Harris, 2000
8
The New Cambridge Modern History: The Old Regime, 1713-1763
The National Debt itself was looked upon as a 'fund of credit' which might be used to finance commercial projects, and the South Sea Company, formed in 1711 to exploit trade with South America, was capitalised by taking over a substantial ...
J. O. Lindsay, 1957
9
Jews, Slaves, and the Slave Trade: Setting the Record Straight
The Company continued to limp along, functioning in a tubercular fashion, defaulting, for example, when it contracted to deliver slaves to the South Sea Company in the mid-1720s.71 As in the years between 1691 and 1701, Jewish investors ...
Eli Faber, 1998
10
Slavery and the British Empire: From Africa to America
This was the South Sea Company, created in 1710. Like the Royal African Company, it had headquarters in London. But its role in the slave trade was more specific than that of the African Company. The South Sea Company chiefly existed to ...
Kenneth Morgan, 2007

7 NEWS ITEMS WHICH INCLUDE THE TERM «SOUTH SEA COMPANY»

Find out what the national and international press are talking about and how the term South Sea Company is used in the context of the following news items.
1
That Debt From 1720? Britain's Payment Is Coming
After that financial crash in 1720, called the South Sea Bubble, the British ... and to bail out the infamous South Sea Company, which caused the bubble in 1720. «New York Times, Dec 14»
2
Paying the price of war: Britain makes good on historic debts
In 1853, the then chancellor William Gladstone consolidated the capital stock of the South Sea Company which had collapsed in the infamous South Sea Bubble ... «The Guardian, Oct 14»
3
How (not) to invest like Sir Isaac Newton
The South Sea Company was an unusual business. Founded in 1711, it was promised a monopoly on trade with Spanish South American colonies by the British ... «Telegraph.co.uk, May 14»
4
The enemy within
BUSINESS has always been plagued by fraud: witness the South Sea Company in the 1710s (which enveloped the British economy in a giant bubble) or ... «The Economist, Feb 14»
5
The Bubble That Almost Destroyed a Stock Market
The South Sea Company was founded in 1711 to capitalize on interest surrounding frenetic colonization and resource-exploitation efforts under way in the New ... «Motley Fool, Jun 13»
6
The World's First Stock Market Crash Happened Nearly 300 Years Ago
In return for 6% interest, the South Sea Company would buy England's outstanding debt in exchange for shares in the company. Investors were lured into the ... «Business Insider, Apr 13»
7
How Handel played the markets
He invested in the original South Sea Company stock in 1716, when it was still ... His name has disappeared from the list of investors by the time the company ... «BBC News, Apr 09»

REFERENCE
« EDUCALINGO. South Sea Company [online]. Available <https://educalingo.com/en/dic-en/south-sea-company>. Apr 2024 ».
Download the educalingo app
en
English dictionary
Discover all that is hidden in the words on
index
a b c d e f g h i j k l m n o p q r s t u v w x y z