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What are subsidiary companies?
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The subsidiary can be a company, corporation, or limited liability company. In some cases it is a government or state-owned enterprise. In the United States railroad industry, an operating subsidiary is a company that is a subsidiary but operates with its own identity, locomotives and rolling stock.
A non-operating subsidiary, in contrast, is a subsidiary that exists on paper, but does not have any assets or employees of its own and therefore cannot function independently as a going business concern. Thus, its only actual business "operations" may consist of its officers entering into contracts with other corporate entities (which may or ...
May 01, 2020 · 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 .
sub·sid·i·ar·y (səb-sĭd′ē-ĕr′ē) adj. 1. Serving to assist or supplement; auxiliary. 2. Secondary in importance; subordinate. 3. Of, relating to, or of the nature ...
A subsidiary alliance, in South Asian history, describes a tributary alliance between a Native state and either French India, or later the British East India Company.The pioneer of the subsidiary alliance system was French Governor Joseph François Dupleix, who in the late 1740s established treaties with the Nizam of Hyderabad, and Carnatic.
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. A company's subsidiary is different from a company's division because a division works together with its parent company ...
Subsidiary definition, serving to assist or supplement; auxiliary; supplementary. See more.
May 10, 2019 · Subsidiary: A subsidiary is a company with voting stock that is more than 50% controlled by another company, usually referred to as the parent company or the holding company . A subsidiary is ...
delegated legislation laws made under a higher authority. Usually the power to make such legislation is delegated to a minister of the government or to a local authority. The names under which such legislation appears are many and various, including orders in council, rules, regulations, statutory instruments or bye-laws.