opco propco
 n.— «Until recently it was believed that the only way for a pub group to convert to Reit status would be to split into a property company and an operating company—a process known as “opco propco’—which could involve selling off valuable property assets.» —“Camerons aids Enterprise Inns’ initiative to use beer money for Reit” by Jon Parker The Lawyer (United Kingdom) May 28, 2007. (source: Double-Tongued Dictionary)

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