Meaning of the word "company car" in English

What does "company car" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

company car

US /ˈkʌm.pə.ni ˌkɑːr/
UK /ˈkʌm.pə.ni ˌkɑːr/
"company car" picture

Noun

1.

a car provided by a company for an employee's business and sometimes personal use

Example:
He drives a company car, so he doesn't have to worry about fuel costs.
Having a company car is a great perk of the job.
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