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 ?
The ultimate aim of the Affiliation Charter is to synergise the potential of two services in order to produce an unbeatable combination during a conflict/ humanitarian mission undertaken by both the Armed forces.
Meanwhile, local PML-N MPA Rana Muhammad Afzal said that affiliation of Pasrur tehsil's these 40 villages with Daska tehsil would be a great pity with the people of Pasrur.
Earlier, in his remarks, the director of the polytechnic's affiliation unit, Mr.
They said that in 2012, Rs380,000 had been paid to the QAU as affiliation fees for bachelors and masters programmes to switch over from the Punjab University.
On the occasion, the Flag Officer Commanding Western Fleet addressing the gathering and stated that This affiliation is a step towards reinforcing the relationship with the JAK LI Regiment and to continue with the tradition of joint and integrated operations in peace so as to reap its benefits in war.
The company seeking to merge with Tribune Media has just agreed to a multi-year deal that keeps NBC affiliations in place at three O&Os, along with a Silver State property owned by partner Cunningham Broadcasting Group.
Vice Admiral Girish Luthra, Flag Officer Commanding-in-Chief, Western Naval Command, and Lieutenant General Amarjeet Singh, Military Secretary and Colonel of the Bihar Regiment attended the first ever tri-services affiliation within the Indian armed forces as guests of honour.
Sinclair Broadcast Group Inc (Nasdaq:SBGI) and the ABC Television Network (ABC) reported on Wednesday a multi-year deal that extends affiliations across all Sinclair stations to 2022, including station affiliation agreements that had been scheduled to expire at the end of 2017.
The move toward an affiliation of Catholic Medical Center in Manchester, Huggins Hospital in Wolfeboro and Monadnock Community Hospital in Peterborough is taking a big step forward with submission of a filing with the Charitable Trusts Unit of the NH Attorney General's Office, detailing the terms of the arrangement.
Signing the document starts a process of developing definitive legal agreements and a period of due diligence, which will take several months, before the affiliation would formally be agreed to and a "go live" date established.
Thousands of Oregon residents who recently switched their party affiliation will receive two ballots in the mail for the May 17 primary, not just one, officials cautioned Monday.
Save the Dream, the global initiative that aims to promote and protect the values and integrity of sport in young people, has launched a new Community Affiliation Programme for clubs, academies and sports clubs to help raise awareness and promote the values of sport to young people.