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Company that belongs to another company
- In the corporate world, a subsidiary is a company that belongs to another company, which is usually referred to as the parent company or holding company. The parent holds a controlling interest in the subsidiary company, meaning it owns or controls more than half of its stock.
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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...
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%.
Dec 1, 2023 · Subsidiary definition: a company that is at least 50% owned by a parent or holding company. A subsidiary company is either partially or wholly owned by another company. That company can be either a parent company, which is its own functioning company, or a holding company, which solely controls other companies and investments.
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.
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 ...
Feb 29, 2024 · A subsidiary company is a separate legal entity that is majority-owned by a parent company. It has its own board of directors and operates independently from its controller. The parent company maintains controlling interest over its subsidiaries and can be either wholly owned or partially owned.
