Subsidiary

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Subsidiary

A wholly or partially owned company that is part of a large corporation. A foreign subsidiary is a separately incorporated entity under the host country's law. A subsidiary's financial results are carried on the parent company's books.

Subsidiary

A company that is publicly-traded but has more than half its stock owned by another company, known as the parent company. As long as the parent company owns more than half the stock, it maintains control of the subsidiary, though its other stock is still traded. Some subsidiaries belong to the same industry as the parent company, while others do not, and are part of a diversification effort on the part of the parent company. See also: Wholly owned subsidiary.

subsidiary

A company controlled or owned by another company. For example, the trucking company Overnite Transportation is a wholly owned subsidiary of Union Pacific Corporation. If a subsidiary is wholly owned, all its stock is held by the parent company. Compare holding company, parent company.
References in periodicals archive ?
STMicroelectronics Inc, Carrollton, TX, which develops and manufactures semiconductor integrated circuits, and Sunny Fresh Foods, a Montecello, MN-based Cargill Inc subsidary that manufactures egg products, took the coveted honor, as did training company BI and The RitzCarlton Hotel Co.
Elsewhere, the company has also recently begun to market its Ground Power Supply products in the US, which is being handled by local subsidary, Piller Inc.
PSSI), is proud to announce that Pantech Wireless Inc, the American subsidary of South Korea based Pantech Co.
Major organization : WATERLOO GROUP ON BEHALF OF ITS OPERATING SUBSIDARY NEW LINX HOUSING TRUST
as area president of its institutional investment and fiduciary advisory practice and subsidary, Gallagher Fiduciary Advisors LLC.
About Hojiblanca USA: Hojiblanca USA, is the American subsidary of Grupo Hojiblanca Spain.
MAKING HAY WHILE THE SUN SHONE Amble United''s Josh Hay (above) and Greg Dance (left) in action during their 4-1 win over Heddon in the Pin Point Recruitment Northern Alliance Division One Subsidary Cup Pictures: STEVE MILLER
The SEC is seeking clarification from a dozen big names such as Siemens and Sony on the nature of their foreign subsidary, dealer and distributor sales.
Lovell, a subsidary of Morgan Sindall, will build the 353 new homes on land at Staple Lodge Road and Wychall Road at the Wychall Farm Estate and at Harpers Road at the Turves Green Estate.
The companies have decided that Tulip International, a subsidary of Danish Crown, will close its three salami and pepperoni factories in Denmark.
Cork Deputy Billy Kelleher gave the warning after a questionnaire was recently distributed to a million households by a subsidary of An Post.
OTCBB: CHHH), a developer and marketer of traditional Chinese-based herbal supplement products, announced today plans to seek FDA/Health Canada approval for its promising Traditional Herbal Medicines through its 100% owned subsidary China Health World Pharmaceutical Corporation.