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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 ...
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%.
Apr 6, 2024 · subsidiary (plural subsidiaries) A company owned by a parent company or a holding company, also called daughter company or sister company. ( music) A subordinate theme. One who aids or supplies; an assistant.
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…
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. Companies buy or...
Oct 28, 2021 · Key Takeaways. 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.
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:
