Definition

affiliate (associate)

Part of the Business terms glossary:

An affiliate or associate business is a company with a parent company that owns less than a controlling percentage of the company's voting stock. Parent companies with affiliates are one type of conglomerate. When a parent corporation owns a controlling percentage -- usually at least 50% -- of another company, that company is known as a subsidiary

This was last updated in March 2013
Contributor(s): Ivy Wigmore
Posted by: Margaret Rouse

Related Terms

Definitions

  • due diligence

    - Due diligence is the process of systematically researching and verifying the accuracy of a statement. The term originated in the business world, where due diligence is required to validate financia... (WhatIs.com)

  • disaster recovery (DR) test

    - A disaster recovery (DR) test is the examination of each step in a disaster recovery program, as outlined in the business continuity/disaster recovery (BCDR) planning process.  (SearchDisasterRecovery.com)

  • chief marketing technologist (CMT)

    - A chief marketing technologist (CMT) is a C-level executive who sets a technology vision for the marketing team that aligns with business goals. (SearchCIO.com)

Glossaries

  • Business terms

    - Terms related to business, including definitions about project management and words and phrases about human resources, finance and vertical industries.

  • Internet applications

    - This WhatIs.com glossary contains terms related to Internet applications, including definitions about Software as a Service (SaaS) delivery models and words and phrases about web sites, e-commerce ...

Ask a Question. Find an Answer.Powered by ITKnowledgeExchange.com

Ask An IT Question

Get answers from your peers on your most technical challenges

Ask Question

Tech TalkComment

Share
Comments

    Results

    Contribute to the conversation

    All fields are required. Comments will appear at the bottom of the article.