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Affiliated Companies
(redirected from Affiliated Company)

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Affiliated Companies
A situation that occurs when one company owns a minority interest (less than 50%) in another company.

Also refers to companies that are related to each other in some way.

Notes:
An affiliated company is sometimes referred to as a subsidiary.


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Ramun comes to Jewell from affiliated company Genesis Attachments LLC, Superior, Wis.
Instead of paying New Line royalties from all merchandise sales, Todd McFarlane reported only 10 percent of sales, claiming that the other 90 percent went to an affiliated company called TMP International Inc.
The expansion necessitated the disposal of Betelgeuse's existing lease, at 460 Park Avenue South, to an affiliated company.
 
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