Affiliated corporation

(redirected from Affiliated Companies)

Affiliated corporation

A corporation that is an affiliate to the parent company.

Affiliated Corporation

A corporation of which another company owns a significant percentage, but not a majority, of its shares. This gives the company a great deal of influence, but not outright control, of the affiliated corporation. See also: Subsidiary, Parent company.
References in periodicals archive ?
HOTAC is a state-owned company established to take part in the development of the national economy in the fields of tourism, hotels, sound and light and other complementary and related economic activities undertaken by its affiliated companies.
2% from September 2015, due to higher average temperature , leading to the decreased demand for water-heating, although the number of customers is increased with integrating affiliated companies ".
Banks contend the Fair and Accurate Credit Transactions Act, passed by Congress last year, pre-empts California's restrictions on how affiliated companies can share customer data.
NYSE:CPS) has acquired Customer Development Corporation (CDC) and its affiliated companies for $86 million in cash, subject to regulatory approval.
The procurement regulations, which were issued by the Maryland Board of Public Works, would require State contractors to disclaim a deduction for royalties and similar payments to affiliated companies unless those affiliated companies reported those payments as income on a Maryland tax return.
If a group of affiliated companies reports on a combined or unitary basis, the companies are treated as though they are a single entity.
Contract notice: delivery of bus tyres to deutsche bahn ag and affiliated companies.

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