newfirm

noun
UK /ˈnjuːfɜːm/
US /ˈnuːfɜːrm/

A new company or business that has just started.

The newfirm opened its doors last week and already has many customers.


OTHER MEANINGS

2. A law or accounting practice that has recently been established.

She joined a newfirm after passing her exams.

3. A newly formed partnership or organization.

The newfirm was created by three friends who wanted to work together.

4. A business that is in its first year of operation.

The newfirm struggled at first but soon found success.