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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. [4] [5] Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called ...
A subsidiary is a company that is controlled by its parent company. Even though a subsidiary works on its own, and its purposes are different from that of its parent company, the parent company is in control of its subsidiary.
The meaning of SUBSIDIARY is furnishing aid or support : auxiliary. How to use subsidiary in a sentence. furnishing aid or support : auxiliary; of secondary importance; of, relating to, or constituting a subsidy…
Subsidiarity. Subsidiarity is a principle of social organization that holds that social and political issues should be dealt with at the most immediate or local level that is consistent with their resolution. The Oxford English Dictionary defines subsidiarity as "the principle that a central authority should have a subsidiary function ...
subsidiary, a company that is at least 51 percent owned by another business firm, known as a parent company or holding company. A parent company is generally understood to be one that conducts its own business operations apart from those of its subsidiary or subsidiaries, while a holding company is.
SUBSIDIARY meaning: 1. used to refer to something less important than something else with which it is connected: 2. a…. Learn more.
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...
