Affiliated corporation

(redirected from Affiliated Company)

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 ?
The new law requires financial institutions to get permission from customers before sharing information, such as a customer's bank balance or spending habits, with a non affiliated company.
This result would be accomplished by according the contractor a tax deduction for such payments only if the affiliated company files a Maryland income tax return and pays Maryland income tax under a formula reasonably apportioning the affiliated company's income to Maryland.
In a recent accounting method change request, several members of the IRS National Office articulated that a taxpayer who at times uses an affiliated company or an independent contractor to actually perform the service would not be permitted to defer the recognition of advance payments (assuming all other conditions of Rev.
Hitachi plans to post extraordinary gains on the sale of subsidiary and affiliated company shares, and the sale of investments in securities and the sale of real property as a part of effective asset management.
PINK SHEETS:CLYW), a leader in advanced wireless telecommunications technology announced today that Calypso affiliated company RV Technology Limited, Hong Kong ("RV Tec") has been invited by Intel Corporation (NASDAQ:INTC) to demonstrate a series of cellular Pocket PC-based Smart cellular phones at the 3G World Congress in Hong Kong.
has purchased directly, and indirectly through its affiliated company QUEFRAN INC.
Specifically, Hitachi plans to post an extraordinary gain on the sale of subsidiary and affiliated company shares, extraordinary loss for business restructuring and impairment losses on certain assets.
0%) from the prior year, resulting principally from persistent sluggish sales of public works spending related products, and the sale of Kubota Lease Corporation, and the business transfer of the roofing and siding materials operations which became an affiliated company (the Company has applied the equity method of accounting to the affiliated company).
8 billion yen of extraordinary gain on the sale of affiliated company shares and investments in securities.
Key Safety Systems (KSS), a KAG affiliated company since April 2003, is a leading global designer and manufacturer of safety-critical components and systems including airbags, seat belts and steering wheels.
Non-cash expenses include: stock compensation expense ($132,000) investment in an affiliated company ($678,000) and intellectual property amortization or abandonment of certain non-essential foreign patents.

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