What is subsidiary? - Definition from WhatIs.com
Part of the Business terms glossary:

A subsidiary is a business that is wholly or partially owned by another business, sometimes called the parent company or holding company. The parent company owns sufficient voting stock in the subsidiary -- as a rule, at least 50% -- to give it control over the subsidiary's operations and management. In a wholly-owned subsidiary, the parent company owns 100% of the stock. 

A parent company with subsidiaries is one type of conglomerate, which is a company that comprises multiple different businesses.  

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

Related Terms

Definitions

  • project scope

    - Project scope is the part of project planning that involves determining and documenting a list of specific project goals, deliverables, tasks and deadlines.  (SearchCIO.com)

  • LinkedIn

    - LinkedIn is a social networking site for the business community. The LinkedIn service allows registered members to establish and document networks of people they know and trust professionally. (WhatIs.com)

  • GAAP (generally accepted accounting principles)

    - GAAP (pronounced "gap"), which stands for "generally accepted accounting principles," is a collection of commonly followed accounting rules and standards for financial reporting. (WhatIs.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.