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holding company
(redirected from Holdco)

    Also found in: Legal, Encyclopedia, Wikipedia, Hutchinson 0.14 sec.
Holding Company
A parent corporation that owns enough voting stock in another corporation to control its board of directors (and, therefore, controls its policies and management).

Notes:
A holding company must own at least 80% of voting stock to get tax consolidation benefits, such as tax-free dividends.

Holding company
A corporation that owns enough voting stock in another firm to control management and operations by influencing or electing its Board of Directors.
holding company
A type of parent company that exists primarily to exercise control over other firms. The control is exercised through ownership of a majority of the controlled firm's shares. Earnings of the holding company are derived from earnings of the controlled firms, which pay dividends on the shares. Compare subsidiary. See also operating unit.


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? Mentioned in ? References in periodicals archive
 
Unless otherwise indicated in a specific example below, assume (1) the client's objective is to reduce or defer his or her income tax liability to the extent legally permissible, (2) he or she owns 100% of Holdco, (3) Holdco is initially capitalized solely with cash, and (4) Holdco is incorporated under the laws of a low-tax jurisdiction.
Individuals' use of offshore holding companies (Part II) by Schmidt, Paul M.; Lady, Todd C. / The Tax Adviser
The HOLDCO should retain your investments such as excess cash, real estate, and all non-operating assets.
More asset protection strategies by Nordstrom, Darrell / SaskBusiness
a division of Genstar Capital, announced it has entered into a definitive agreement to acquire all of the outstanding equity securities of Nevamar Holdco LLC from investment funds managed by Kohlberg Management IV LLC and other current owners.
Panolam to acquire Nevamar by Wood & Wood Products
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