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Subsidiary
(redirected from Subsidiary Companies)

   Also found in: Dictionary/thesaurus, Legal, Wikipedia 0.01 sec.
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.


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Almost all of CyTA's subsidiary companies show losses, yet we haven't been given any figures or statistics and they want more money without presenting us with this information," said Papadopoulos.
in partnership with its subsidiary companies, Davis Vision, Gateway Health Plan, Highmark Insurance Group, Keystone Health Plan West and United Concordia Life and Health, recently provided grants totaling nearly $900,000 to support 121 educational organizations in Pennsylvania.
These subsidiary companies are subject to insolvency proceedings and the timing of distributions from them depends upon when their respective office holders have realised sufficient assets and agreed their claims.
 
 
 
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