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 ?
* For example, the Panel in the case TAS 2004/A/587 ruled that since the FIFA has its seat in Zurich, Swiss law is applicable subsidiarily to the merits of the case (TAS 2004/A/587, para.
However, the point I wish to make is that, as soon as we shift our focus from the composite, or integrated, total image, to a particular part of that image which we had previously held subsidiarily, and therefore tacitly, we are no longer, in that moment, able to hold in mind the total image.
Therefore, if we look at particulars in terms of a whole (i.e., subsidiarily) then we will look at them functionally; but if we look at each particular separately the functional aspect will disappear.
In today's democratic culture that recognizes the principle of subsidiarily for the whole secular world (including the papacy), this system constitutes a serious case of historical alienation.
Craycraft, Jr.--offer the most detailed philosophical and theological account and defense of subsidiarily. Moving into political theory proper, Christopher Wolfe argues that subsidiarily offers "a better account of how limited government is rooted not merely in the defects of people (especially government officials) and their disagreements (the fact of pluralism), but in the positive goals they ought to strive for in community life as well" (p.
Especially significant was Wilhelm von Ketteler, later archbishop of Mainz, whose advocacy of the greatest possible self-government for persons and associations established the principle of subsidiarily, without formulating it explicitly.
(14) Pursuant to Swiss law, subsidiarily applied by FIFA and CAS in case of a loophole in the Regulations, save for disputes where the parties have explicitly agreed upon the application of another national law in advance, "[f ]or valid reasons, ...
In the case at hand, such specific rules are provided by the FIFA Statutes, which expressly prescribe that the rules and regulations of FIFA apply primarily and Swiss law subsidiarily.