Meaning of “City Code” in the English Dictionary

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"City Code" in Business English

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City Codenoun [ S ]

uk us also City Code on Takeovers and Mergers LAW

a set of rules and standards of behaviour for businesses that are buying other businesses to follow:

The City Code includes standards of fairness to shareholders and an orderly framework for takeovers.

(Definition of “City Code” from the Cambridge Business English Dictionary © Cambridge University Press)