noun
absorbed company; merged corporation
Legal term for a company that ceases to exist after being absorbed in a merger. Contrasts with 吸収合併存続会社 (surviving company).
See also: 消滅会社
吸収合併消滅会社の権利義務は、存続会社に承継される。
The rights and obligations of the absorbed company are succeeded to by the surviving company.
Compound of 吸収合併 (absorption-type merger) + 消滅会社 (disappearing company).