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affiliate

   Also found in: Dictionary/thesaurus, Medical, Acronyms, Encyclopedia, Wikipedia, Hutchinson 0.06 sec.
Affiliate
Relationship between two companies when one company owns substantial interest, but less than a majority of the voting stock of another company, or when two companies are both subsidiaries of a third company. See: Subsidiaries, parent company.

affiliate
An organization that is related to another organization through some type of control or ownership. For example, a U.S.-based company may have a foreign affiliate that handles overseas sales.

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The Internal Revenue Service issued proposed regulations for sourcing losses from the sale of foreign affiliate stock.
Leading consumer electronics retailer taps Performics to grow sales and reach more affluent affiliate shoppers
The Komen Central Wisconsin Affiliate will focus on identifying the gaps in breast health care and providing community grants in seven counties - Langlade, Lincoln, Marathon, Portage, Taylor, Wood and a portion of west Shawano.
 
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