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 ?
Hitachi Construction Machinery Middle East Corporation (HMEC) is Hitachi CM's fully owned subsidary, and supports machinery applications across the MENA region.
Cost-effective solutions Momentum, a Gulftainers subsidary launched in October 2008, has stated its aim is to establish itself as a leading logistic solutions provider offering clients a comprehensive suite of integrated logistics services encompassing transportation, freight forwarding, warehousing, logistics cities and container repair services.
"Our suppliers want to deal with fewer distributors--distributors who have accurate and efficient operations," says Tony Magliocco, chief operational officer for Brooklyn-based Empire Merchants, a joint-venture co-owned by the Magliocco family and the former owners of Charmer Industries, a subsidary of the Charmer Sunbelt Company.
Dubai: Qatar Entertainment City (QEC) announced a 100 million riyal (Dh100 million) tender award to HBK Contracting, a subsidary of Hamad Bin Khalid Companies, for the completion of QEC's phase II infrastructure within 18 months.
UAVengines is owned by Silver Arrow which are an Israeli Drone Specialist and subsidary of Israeli defence contractor Elbit Systems.
In essence, the podcast publicized the subsidary's expertise and "thought leadership" in a low-key, informative way.
An interesting subsidary effect of such activity is described by Monge-Ganuzas et al.
The guarantees are being offered as part of an initiative with Etote - a subsidary of Datatote - and their Edwin Osbourne is excited by the prospect of bigger jackpots.
Youth Subsidary Cup Competition: New Brighton 2 (A Nolan, J Harris) Maghull 6 (T Rockcliffe (2), M Conliffe (2), D Johnson, Jo Farrell), Poulton Victoria 2 (J Jones (2)) Merseyside Police 10 (D Gilchest (3), S Jay (2), J Nelson (2), J Thompson, J Woods), West Kirby v Castrol Social, postponed.
NYDEN CORPORATION, A Subsidary of MYCOM, Inc., San Jose, CA
Founded in 1998, Flavours Direct currently has 38 employees and will continue to trade under its current name as a UK subsidary of Symrise.
a wholly-owned subsidary of Marsh & McLennan Cos., sees competition for shareholder value splitting the life industry into three components--"a handful of global behemoths" that will dominate the market and increase their share of value creation from 20% today to 35% in 10 years; regional retail-wholesalers who survive a wave of restructurings and consolidation that will see the overall market share of life insurers fall from today's 50% to 35%; and a rising number of specialists, focusing on niches.