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 ?
The assets being realised by the subsidiary companies include interests in overseas companies which are also subject to insolvency proceedings, so it is difficult to predict when that work will be completed.
In addition, Deutsche Bank AG and its subsidiary companies held 9,189,802 Metso shares to which they had voting rights on March 9, 2005.
A total of 562 firms were identified as parent or subsidiary companies.
GCV band G3 and G4 reduced by 12% in respect of all the Subsidiary Companies including NEC.
Altogether 106 holding, independent and subsidiary companies (see company listing, can very slightly with continuous updating).
Altogether 352 holding, independent and subsidiary companies (see company listing, can very slightly with continuous updating).
Altogether, 371 holding, independent and subsidiary companies are identified (see full alphabetic listing), together with 576 company market shares and major brands by country and product.
In connection with the reorganization the company sold or closed all but four subsidiary companies.
By having "smaller board" listed companies as consolidated subsidiaries of a "big board" listed company, the subsidiary companies are essentially required to meet the reporting standards of the more regulated "big board" exchange.
Going forward, Diamond I has plans to create subsidiary companies that would concentrate on developing specific WIFI market segments, as these equity partnerships are established.
Theragenex will develop and market through its subsidiary companies, three products from PPI's research pipeline which employ the PPI proprietary IVT[TM] technology.