Affiliate

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Affiliate

Relationship between two companies when one company owns substantial interest, but less than a majority of the voting stock of another company, or when two companies are both subsidiaries of a third company. See: Subsidiaries, parent company.

Affiliate

1. A company that owns a minority interest in another company. This gives the first company a degree of control over the second, but not enough to make it a full-fledged subsidiary.

2. One of two companies that have a structural relationship with each other. For example, both companies may be subsidiaries of the same parent company.

affiliate

An organization that is related to another organization through some type of control or ownership. For example, a U.S.-based company may have a foreign affiliate that handles overseas sales.
References in periodicals archive ?
parent trade in goods with their foreign affiliates and U.
In four states--California, New Jersey, Pennsylvania, and Michigan--the dollar value of R&D performed by majority-owned U.
Generally, across the 45 states for which data are publicly available, the share of industrial R&D accounted for by U.
As gauged by the location quotient, the R&D of matched majority-owned U.
companies to other foreign residents and sales by U.
exports of goods and services), and the net payments that accrue to foreign parent companies from the sales by their U.
Similarly, only the net payments that accrue to foreign parent companies (line 27), not the gross value of sales by their U.
The high average shares of affiliated trade in these services reflects the importance of headquarters or other services provided by foreign parent groups to U.
Together, large affiliates (those with 1,001-10,000 employees) and very large affiliates accounted for nearly three-quarters of services exported by U.
Engagement in goods importing was much more common than services importing: nearly half of U.
Following a change introduced in the 2008 annual survey, the 2009 annual survey statistics cover U.
Similarly, only the net payments that accrue to foreign parent companies, not the gross value of sales by their U.