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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 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:
