subsidiary and parent corporations

subsidiary and parent corporations
Subsidiary and parent corporations.
Subsidiary corporation is one in which another corporation (called parent corporation) owns at least a majority of the shares, and thus has control.
+ subsidiary corporation
One in which another corporation (i.e. parent corporation) owns at least a majority of the shares, and thus has control. Said of a company more than 50 percent of whose voting stock is owned by another

Black's law dictionary. . 1990.

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  • subsidiary and parent corporations — Subsidiary and parent corporations. Subsidiary corporation is one in which another corporation (called parent corporation) owns at least a majority of the shares, and thus has control. + subsidiary corporation One in which another corporation… …   Black's law dictionary

  • subsidiary corporation — Subsidiary and parent corporations. Subsidiary corporation is one in which another corporation (called parent corporation) owns at least a majority of the shares, and thus has control. + subsidiary corporation One in which another corporation… …   Black's law dictionary

  • subsidiary corporation — Subsidiary and parent corporations. Subsidiary corporation is one in which another corporation (called parent corporation) owns at least a majority of the shares, and thus has control. + subsidiary corporation One in which another corporation… …   Black's law dictionary

  • Parent company — A parent company is a company that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors; the second company being deemed as a subsidiary of the parent company. The… …   Wikipedia

  • Subsidiary — A subsidiary, in business matters, is an entity that is controlled by a bigger and more powerful entity. The controlled entity is called a company, corporation, or limited liability company, and the controlling entity is called its parent (or the …   Wikipedia

  • subsidiary — sub·sid·i·ary /səb si dē ˌer ē, si də rē/ n pl ar·ies: a company having the majority of its stock owned by another company compare affiliate ◇ The parent company of a subsidiary generally has the same policy making powers as any majority owner… …   Law dictionary

  • subsidiary — 01. The company is a [subsidiary] of a large, multinational corporation. 02. Many of the companies in this country consist of [subsidiaries] which are simply assembly or warehousing operations. 03. Their business has been bought out, and is now a …   Grammatical examples in English

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