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Jun 25, 2024 · In cases where a subsidiary is 100% owned by another company, the subsidiary is referred to as a wholly owned subsidiary. Key Takeaways A subsidiary is a company that is more than 50% owned...
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, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies
The meaning of SUBSIDIARY is furnishing aid or support : auxiliary. How to use subsidiary in a sentence.
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%.
Subsidiary definition: serving to assist or supplement; auxiliary; supplementary.. See examples of SUBSIDIARY used in a sentence.
SUBSIDIARY definition: a company that is owned by another larger company. Learn 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 one whose sole function is that of ownership.
A subsidiary or a subsidiary company is a company which is part of a larger and more important company. [ business ] Offshore banks are often formed as a subsidiary of an international bank.
Dec 4, 2023 · An affiliate is a business with a parent company that only possesses a stake of less than 50% ownership of the company. A subsidiary, on the other hand, is a business whose parent company is a ...
