Subsidiary - Wikipedia A subsidiary, subsidiary company, or daughter company [1] [2] [3] is a company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company
Subsidiary - Definition, How It Works, and Examples A subsidiary (sub) is a business entity or corporation that is fully owned or partially controlled by another company, termed as the parent, or holding, company Ownership is determined by the percentage of shares held by the parent company, and that ownership stake must be at least 51%
Subsidiary | Definition, How to Form Subsidiaries, Pros and Cons Subsidiaries are often used to refer to parts of a larger organization or companies that are related in some other way to the main business, such as location or product There are three types of subsidiaries: Wholly Owned Subsidiaries, Partly Owned Subsidiaries, and Joint Venture Subsidiaries
Subsidiary Definition Examples - Quickonomics A subsidiary is a company that is completely or partially owned and controlled by another company, which is known as the parent or holding company This relationship allows the parent company to control the subsidiary’s operations, management, and policies while maintaining its status as a separate legal entity
What is a Subsidiary Company? Definition Examples | BBCIncorp What is a subsidiary company? A subsidiary company is a business that is controlled by another company, called the parent company The parent company typically owns more than 50% of the subsidiary’s shares, giving it the power to make major decisions
Subsidiary company definition — AccountingTools What is a Subsidiary Company? A subsidiary company is a business entity that is controlled by another organization through ownership of a majority of its common stock If the owning entity has acquired 100% of the shares of a subsidiary, the subsidiary is referred to as a wholly-owned subsidiary
What is a subsidiary company? Definition, examples and FAQs A subsidiary and parent company are legally separate entities This means the individual organizations pay tax and debt, limiting shared liabilities between the companies Subsidiary companies will have independence from the parent company and, in many cases, are individual brands