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 ?
4) 5436ns-colour light led subsidary signal lighting unit 110 v ac led signal route aspect led retrofittable in existing cls housing and compatible with ac led ecr as per rdso specn.
STMicroelectronics Inc, Carrollton, TX, which develops and manufactures semiconductor integrated circuits, and Sunny Fresh Foods, a Montecello, MN-based Cargill Inc subsidary that manufactures egg products, took the coveted honor, as did training company BI and The RitzCarlton Hotel Co.
Elsewhere, the company has also recently begun to market its Ground Power Supply products in the US, which is being handled by local subsidary, Piller Inc.
The company competes principally in this sector through its wholly owned subsidary, America's Pharmacy Inc.
PSSI), is proud to announce that Pantech Wireless Inc, the American subsidary of South Korea based Pantech Co.
Tenders are invited for Supply of OTR Tyre%s to Subsidary Companies of CIL EMD value : INR 1000000 Document Purchase Start date : 24 Oct 2017 Document Purchase End date : 27 Nov 2017 Opening date : 28 Nov 2017
as area president of its institutional investment and fiduciary advisory practice and subsidary, Gallagher Fiduciary Advisors LLC.
The company is also banking a lot on its Korean subsidary, Ssangyong motors to help produce new engines that may make it to the Indian markets in two-three years.
com is a Charlotte, NC based subsidary of Woodstitch.
MAKING HAY WHILE THE SUN SHONE Amble United''s Josh Hay (above) and Greg Dance (left) in action during their 4-1 win over Heddon in the Pin Point Recruitment Northern Alliance Division One Subsidary Cup Pictures: STEVE MILLER
The SEC is seeking clarification from a dozen big names such as Siemens and Sony on the nature of their foreign subsidary, dealer and distributor sales.
MrKevin WANG, Executive Director and Chief Financial Officer of Kingsoft, said, "The Company is commited to rationalise its business through further decentralising and reorganising the businesses of subsidaries as well as empowering staff to become subsidary shareholders in order to strengthen the independence and focus of the business units.