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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 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%.
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...
May 3, 2024 · A subsidiary is a company that is owned by another company. The owning company, which is called the parent or holding company, usually owns more than 50% of its voting stock (it can be half plus...
Jan 17, 2022 · A subsidiary company is one that is owned by another, larger company, which is commonly called the parent or holding company. For a parent company to have a subsidiary, it must own a controlling, or majority, share of the subsidiary company’s total capital. Subsidiary companies that are 100%-owned by the parent company are known as “wholly ...
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:
