operating unit

(redirected from Operating Units)

Operating Unit

A subsidiary that engages in business with other parties. That is, an operating unit has its own assets and liabilities and functions as if it were an independent company; the only difference is that it is owned by another company. An operating unit is useful for the profit it can produce. It contrasts with a nonoperating unit.
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operating unit

A type of operating company that engages in transactions with outsiders and that is owned by another business. For example, in 1995 the stockholders of Capital Cities/ABC approved a $19 billion merger with the Walt Disney Company, whereupon Capital Cities/ABC became an operating unit of Disney. A decade earlier Capital Cities had acquired ABC. Compare nonoperating unit.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
The Qatar Racing & Equestrian Club (QREC) and one of Katara Hospitality operating units recently signed an Agreement under which Katara Hospitality will manage and operate the QREC Clubhouse.
Operating units of the Naval Forces Western Mindanao (NFWM), in coordination with other law enforcement agencies, conducted a joint maritime law enforcement operation and successfully rescued 20 victims of human trafficking who were onboard a motor launch that was intercepted in the waters off Zamboanga City on Monday, February 11.
Activision Blizzard announced key leadership appointments, naming long-time veteran executives to lead three of the company's operating units. Call of Duty Executive Vice President and General Manager Rob Kostich has been named President of Activision; Humam Sakhnini has been named President of King Digital Entertainment, having most recently served as both CFO and Chief Strategy Officer of the operating unit.
M2 EQUITYBITES-January 3, 2019-W R Berkley declares three new senior executives to different operating units
Global Banking News-January 3, 2019-W R Berkley declares three new senior executives to different operating units
Joseph Sullivan and Michael Maloney have each been appointed as executive vice presidents with oversight responsibility for certain of the company's operating units. The appointments are effective immediately.
Gilbert as an executive vice president with oversight responsibility for certain of the Company's operating units.
Spice Digital was chosen by National Payments Corporation of India (NPCI) as one of the eight BBPS operating units when NPCI launched its pilot project for Bharat Bill Payment System (BBPS) in August, 2016.
13 January 2017 - US-based professional services group Miles Advisory Group unit has created virtual staffing solutions brand Belay by combining existing operating units, the group said.
The new brand is led by Bryan Miles, cofounder and CEO of Miles AG, a conglomerate company that consisted of several operating units. Miles merged his successful operating units into one full-service virtual staffing solutions provider: Belay.
He will collaborate closely with all Lindal Group functions around the world, leading all the company's operating units throughout Europe and The Americas.