absorbed company; merged corporation
Legal term for a company that ceases to exist after a merger or absorption, with its rights and obligations transferred to the surviving entity.
After the merger, the assets of the absorbed company are transferred to the surviving company.
存続会社 is the surviving company that continues to exist after a merger, while 消滅会社 is the company that is absorbed and ceases to exist.
absorbed company; merged corporation
Compound of 消滅 (extinction, disappearance) and 会社 (company). A straightforward legal term formed from standard Sino-Japanese elements.