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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.
The Oxford English Dictionary defines subsidiarity as "the principle that a central authority should have a subsidiary function, performing only those tasks which cannot be performed at a more local level".
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.
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...
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.
Jun 2, 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...
Jan 17, 2022 · 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.
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%.
Jun 2, 2024 · 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. One who aids or supplies; an assistant.
Dec 4, 2023 · A subsidiary is a company whose parent company is a majority shareholder that owns more than 50% of all the subsidiary company's shares. An affiliate is used to describe a company with a parent...
