Define: Company Vehicle

The meaning of “Company Vehicle” differs based on where it is used. We list many below, then combine them into one or more market-standard definitions.

How is Company Vehicle defined in a legal contract?

  • Company Vehicle means a vehicle offered for hire to a member by an organization within a certain program or scheme. Seen in 2 SEC filings.
  • Company Vehicle means a vehicle provided by an organization for use by an employee or respondent. Seen in 2 SEC filings.
  • Company Vehicle means an authorized vehicular asset that is owned or leased by an organization and is used by a resident, a contractor, or a staff member for the purpose of carrying out their job responsibilities. Seen in 2 SEC filings.
  • Company Vehicle means a passenger or light goods vehicle supplied to a resident by that resident’s employer for that resident’s sole use. Seen in 1 SEC filing.
  • Company Vehicle means all vehicles owned, leased, or used by an organization, its clients, and all vehicles that are used by employees, without regard to who owns or leases them. Seen in 1 SEC filing.
  • Company Vehicle or “vehicle” means any type of motor vehicle provided by an organization for official use of a department, including cars, jeeps, pickups, vans, wagons, trucks, and other similar vehicles.
    Seen in 1 SEC filing.

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of company vehicle' yourself to verify these results. We are always keen to point people to source documents.

Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

Genie Definition 1

  • Company Vehicle means a motor vehicle provided or leased by an [organization] for the sole use of a member, resident, or member of staff for work-related purposes.

Relevant Contract Types

Relevant Circumstances

  • When an organization provides a vehicle to an employee for work-related travel.
  • When a vehicle is leased for business purposes by an organization.

Relevant Sectors

Genie Definition 2

  • Company Vehicle means any motor vehicle offered for hire by an [organization] to its member, resident, or member of the staff.

Relevant Contract Types

Relevant Circumstances

  • When an organization offers their vehicles for hire to its members or workers.
  • During the provision of transportation services by an organization.

Relevant Sectors

Are you creating, reviewing or negotiating a document?

Looking for further advice on how to define “Company Vehicle" in your document? 

🚀 Try our AI Legal Assistant! It can suggest a definition just for your specific needs (Simply import your contract, then ask it to draft a definition suitable for your document, that's it!)

What is the most popular definition of 'Company Vehicle'?

Company Vehicle means a motor vehicle provided or leased by an [organization] for the sole use of a member, resident, or member of staff for work-related purposes.

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