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 ?
I presently estimate that between pounds 5 million and pounds 25 million should be realised by the company in respect of its interests in subsidiary companies, with the first distributions arising from them over the next 12 months.
Of the 415 subsidiary companies, 183 belonged to vertical keiretsu and 150 to horizontal keiretsu.
One possible explanation for this similarity is that these subsidiary companies, large enough to be listed on the stock exchange, have such high-level positions in the parts suppliers' hierarchies that they do not have to sacrifice their own profitability to raise their parent firm's profitability.
Parent firms tended to have smaller cost-of-goods-sold-to-sales ratios than did subsidiary companies.
There were no significant differences in cost-of-goods-sold over sales and selling and administrative expense-to-sales ratios between parent and subsidiary companies in horizontal keiretsu.
Parent firms in general have a lower asset turnover ratio (total sales over total assets) than do subsidiary companies.
One possible explanation may be that these parent companies deal mainly with large subsidiary firms that have enough cash flow, whereas subsidiary companies deal with smaller firms that need longer credits.
sales over inventory) of parent firms was generally similar to that of subsidiary companies.
sales over accounts receivable) of subsidiary companies is generally expected to be lower than that of parent firms.
A 10% add-on for Western Coalfields Limited (WCL) over and above the prices applicable for other Subsidiary companies for both regulated and non-regulated sector for GCV Grades G6 to G17 (on account of higher cost of mining).
This release contains certain "forward-looking statements" relating to the business of Zeolite and its subsidiary companies, which can be identified by the use of forward-looking terminology such as "believes, expects" or similar expressions.
OTCBB: XRYM), an industry leader in real-time negotiating technology, is proud to announce that is has finalized the restructuring of its four subsidiary companies.