What is subsidiary?

Subsidiary

A subsidiary company, subsidiary, or daughter company is a company that is completely or partly owned and partly or wholly controlled by another company that owns more than half of the subsidiary's stock. The subsidiary can be a company, corporation, or limited liability company. In some cases it is a government or state-owned enterprise. The controlling entity is called its parent company, parent, or holding company.

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Some articles on subsidiary:

Myriad Genetics - History - Subsidiary
... Myriad Genetic Laboratories, Inc ... a wholly owned subsidiary of Myriad Genetics, Inc ...
Cozen O'Connor - Recent Developments - Formation of Government Relations Subsidiary
... In September 2009, the firm launched the subsidiary, Cozen O'Connor Public Strategies ... The subsidiary operates out of the firm's Washington, D.C ...
List Of Railway Stations In Essex - Rail Operators
... The main operator in the county is Greater Anglia, a subsidiary of Abellio ... The other major operator in Essex is c2c, a subsidiary of National Express, who operate services from London's Fenchurch Street to Southend-on-Sea ... The Arriva subsidiary CrossCountry operate long distance services from the West Midlands to Stansted Airport ...
Società Aerea Mediterranea
... passenger airline based in Rome, Italy, which operated between 1928 and 1939 as subsidiary of Ala Littoria and between 1959 and 1981 as subsidiary of Alitalia ... on 3 December 1959 as an non-IATA Alitalia subsidiary to operate IT flights, together with local cargo and secondary domestic passenger services on behalf of the mother company ...

More definitions of "subsidiary":

  • (noun): A company that is completely controlled by another company.
    Synonyms: subsidiary company