merchant adventurer
/ˌməːtʃ(ə)nt ədˈvɛn(t)ʃ(ə)rə/(also merchant adventurers) Now historical
noun
A merchant engaged in the organization and dispatch of trading expeditions overseas, and the establishment of factories and trading stations in foreign countries. Hence: a member of an association of such merchants incorporated by royal charter or other lawful authority.
Origin
Late 15th century; earliest use found in Acts of Parliament. From merchant + adventurer.