operating unit

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.

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.

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References in periodicals archive ?

Reserve Bank had invited applications for authorisation/approval to function as Operating Unit from non-banks/banks.

India : RBI grants in-principle approval to NPCI to function as the central unit for Bharat Bill Payment Systems (BBPS)

The total value of new claims for an operating unit is computed as a percentage of the new claims value of all operating units.

Share and share alike: corporations can create savings incentives by the way they allocate the cost of risk internally. (Property/Casualty: Risk Management)

Agreement on standards for clinical practice", managed care contracting, financial accounting, and information systems implementation may be developed, should be developed, in the operating unit.

Factors in successful move to organized care systems

Financial programs varied from one operating unit to another, and the company's chart of accounts began to be characterized by a conglomerate of inconsistent approaches.

DEC's decentralized financial system puts strategy above controls

Ultralife's McDowell Research operating unit is a leader in the design and manufacture of power solutions and accessories to support military communications systems including power supplies, RF amplifiers, battery chargers, amplified speakers, equipment mounts, case equipment and integrated communication systems.

Ultralife Batteries Awarded $1.4 Million Contract for Tactical Repeater Systems

Operating unit to be renamed Textron Defense Systems

Textron Systems Announces Name Change of Wilmington, MA Business

Avenue A | Razorfish, an operating unit of aQuantive, Inc.

Actionable Analytics Report for Online Marketers Released by Avenue A / Razorfish

and an operating unit of Seattle-based aQuantive, Inc.

Avenue A / Razorfish Acquires e-Crusade Digital Marketing Agency Based in Hong Kong

He most recently served as managing director of the Products operating group's Europe operating unit and, at the same time, as Accenture's country managing director for Italy and chairman of Accenture's geographic council in the IGEM (Italy, Greece, emerging markets) region, with supervisory responsibility for 10 countries.

Accenture Announces Key Leadership Appointments

OTC Bulletin Board: ADVC), a New York-based company that, through its principal operating unit Encompass Group Affiliates, specializes in the technology aftermarket service and supply chain known as reverse logistics, today announced that its electronic equipment repair subsidiary, Cyber-Test, has been awarded a contract to manage an advance exchange program for LCD monitors, which includes two national major retail chains.

Advanced Communications Subsidiary Cyber-Test is Awarded Million Dollar Monitor Contract

OTC Bulletin Board: ADVC), a New York-based holding company that specializes in the technology aftermarket service and supply chain known as reverse logistics, announced today that its wholly-owned operating unit, Encompass Group Affiliates, Inc.

Advanced Communications Expects Revenue to Hit a Record $10 Million for Fiscal 2006; Subsidiary Cyber-Test Reports Exceptionally High Revenue of $900,000 for January

Avenue A | Razorfish, the largest interactive marketing and technology services firm and an operating unit of aQuantive, Inc.

Avenue A / Razorfish Tapped as Coors Brewing Company's Interactive Agency of Record