Search results
Mar 27, 2024 · A subsidiary is a company that is more than 50% owned by a parent company or holding company. Subsidiaries are separate and distinct legal entities from their parent companies....
A subsidiary, subsidiary company or daughter company [1] [2] [3] is a company owned or controlled by another company, which is called the parent company or holding company.
Jan 17, 2022 · A subsidiary company is owned by another, larger company, commonly called the parent or holding company. Parent companies own majority stakes in their subsidiaries. A subsidiary may operate in a completely different industry than the parent company, or a similar one.
The meaning of SUBSIDIARY is furnishing aid or support : auxiliary. How to use subsidiary in a sentence.
A subsidiary (sub) is a business entity or corporation that is fully owned or partially controlled by another company, termed as the parent, or holding, company. Ownership is determined by the percentage of shares held by the parent company, and that ownership stake must be at least 51%.
adjective. uk / səbˈsɪdi ə ri / us / səbˈsɪdieri /. FINANCE. owned or controlled by another company: a subsidiary bank/business/outlet The company yesterday said its strategy is to grow subsidiary businesses for future sale. used to describe something less important than something else, with which it is connected:
