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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...
1. a. : furnishing aid or support : auxiliary. subsidiary details. b. : of secondary importance. a subsidiary stream. 2. : of, relating to, or constituting a subsidy. a subsidiary payment to an ally. subsidiarily. səb-ˌsi-dē-ˈer-ə-lē. adverb. subsidiary. 2 of 2. noun. plural subsidiaries. : one that is subsidiary.
Subsidiary. 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 ...
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:
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%.
noun. , plural sub·sid·i·ar·ies. a subsidiary thing or person. subsidiary company. Music. a subordinate theme or subject. subsidiary. / səbˈsɪdɪərɪ / adjective. serving to aid or supplement; auxiliary. of lesser importance; subordinate in function. noun. a person who or thing that is subsidiary. short for subsidiary company. Discover More.
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.
