cross holding

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Cross Holding

The situation in which one publicly-traded company owns stock in another publicly-traded company. This situation can lead to double-counting of securities, especially when the two corporations are listed on the same index. Thus, one needs to account for cross holdings when aggregating the capitalizations of firms. If two firms cross hold each other, it is difficult to displace the management in one without the consent of the other corporation.

cross holding

The holding of securities in one another by two or more corporations. For example, firm A owns equity in firm B at the same time that firm B holds equity in firm A.
References in periodicals archive ?
MEETING NEED Bill Tebay, left, of Milecastle Housing and Ian Graham of Kendall Cross Holdings at West Wylam.
Building contractor Kendall Cross Holdings Ltd have announced the appointment of Chris Hunter as senior estimator.
CONSTRUCTION company Kendall Cross Holdings has begun work on one of its largest single contracts to date with the demolition of a care home.
Kevin Hayes has been appointed director for surveying and quality assurance at Kendall Cross Holdings Ltd, based in Newcastle.
He added that while the fund did have some cross holdings in split capital investment trusts - which have come under scrutiny for their weak debt positions - Acorn was not badly exposed and did not need to restructure its own debts.
Neil Ramsey, chairman of Northumberland general contractor Kendall Cross Holdings, has been appointed NFB chairman.
Newcastle-based firm Kendall Cross Holdings is investing for the future with an expansion of its traditional apprentice training programme.
Newcastle-based building contractor, Kendall Cross Holdings Ltd, have announced the appointment of Chris Hunter as senior estimator.
Newcastle construction firm, Kendall Cross Holdings, is handling the project in Melbourne Street.
Newcastle based building contractor, Kendall Cross Holdings Ltd, has announced the appointment of Chris Hunter as senior estimator.
Northumberland building contractor, Kendall Cross Holdings, has appointed Kevin Hayes as associate director for quantity surveying and quality assurance.
Contractor Kendall Cross Holdings has swept the board at an awards ceremony.