'Muscovy+Company'

Muscovy company:

'Muscovy Company' is pronounced Muhs-koh-vee Company. Muscovy was the first major English stock-joint company. It began in 1551 when Sebastian Cabot and a group of English traders founded an enterprise to look for a possible Nohrtheast passage to Asia. The **company** was chartered in 1555, with a monopoly on tax-free trade with Russia and transit through Russia to Iran and India.