Affiliated corporation

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Affiliated corporation

A corporation that is an affiliate to the parent company.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
Loughlin will operate as BDO Consulting Group, LLC, a separate legal entity and affiliated company of BDO USA, LLP.
Through this acquisition the Ferrero Affiliated company expects to increase its relevance in the fine biscuits assortments.
Global Banking News-July 15, 2019-Ferrero Affiliated Company to close acquisition of Kelsen Group AS in two months
The affiliated company shall not own shares or stakes in the holding company, and the holding company shall appoint its representatives on the boards of directors of the affiliated companies in proportion to its holdings or as agreed upon with other shareholders or partners in the affiliated companies.
J-POWER USA Generation has owned a 50 percent interest in Elwood through an affiliated company since 2007, and now, as a result of the acquisition, J-POWER USA Generation owns 100 percent interest in Elwood.
In a press release, the CFPB said that the practices identified by the bureau's investigation illegally benefited TitleSouth, an affiliated company owned by the same holding company that owns RealtySouth.
The new aircraft, which have been delivered to the customer, will be operated by Regional 1 Airlines, an affiliated company of Avmax.
Chairman of the Commission George Charalambous told CNA after a meeting on Monday that the affiliated company, named ''GPB Financial Services Cyprus Ltd'' is now listed in the group of affiliated companies of the largest Russian banking organisations that have already received a CIF license and are doing business in Cyprus and are seeking a presence in Europe through Cyprus.
It can turn surplus profit into portfolios run by specialized bodies or any affiliated company in and outside the nation.
Summary: The Dubai government can, and will, meet all its debt obligations, a member of the city's executive committee said today, highlighting the emirate's strong financial position by sharing some key balance-sheet figures, including that total sovereign and affiliated company assets are more than $350 billion, while total debts are just $80 billion.

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