Def of subsidiary
WebApr 12, 2024 · Regulation 2(1)(zm)of LODR “subsidiary company” or “subsidiary”, in relation to any other company (that is to say the holding company), means a company in which the holding company— (i) controls the composition of the Board of Directors; or (ii) exercises or controls more than one-half of the total share capital either at its own or … WebSubsidiary. Auxiliary; aiding or supporting in an inferior capacity or position. In the law of corporations, a corporation or company owned by another corporation that controls at …
Def of subsidiary
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WebSep 22, 2024 · A subsidiary company is a corporation or limited liability company (LLC) under the ownership of a larger parent company or holding company. Parent companies typically own fifty percent or more of a subsidiary to have a controlling interest. A parent company gains full control of a subsidiary when they own 100 percent of a company’s … WebDec 12, 2024 · 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. …
Websubsidiary meaning: 1. used to refer to something less important than something else with which it is connected: 2. a…. Learn more. WebJan 6, 2024 · A subsidiary account is an account that is kept within a subsidiary ledger, which in turn summarizes into a control account in the general ledger. A subsidiary account is used to track information at a very detailed level for certain types of transactions, such as accounts receivable and accounts payable. A control account is a summary-level ...
WebHow to use subsidiary in a sentence. furnishing aid or support : auxiliary; of secondary importance; of, relating to, or constituting a subsidy… See the full definition Web3 rows · sub•sid•i•ar•y. (səbˈsɪd iˌɛr i) adj., n., pl. -ar•ies. adj. 1. serving to assist or supplement. 2. ...
WebAug 9, 2024 · DHS regulations also define “subsidiary” in the context of L-1 nonimmigrant intracompany transferees in 8 CFR 214.2(l)(1)(ii)(K). The regulation states that a subsidiary is “a firm, corporation, or other legal entity of which a …
WebSep 22, 2024 · Definition of Subsidiary. In the business world, a subsidiary is a company that is either fully, or partially owned by another company. However, if it is only partly … cynical dictionaryWebJan 17, 2024 · A subsidiary company is one that is owned by another, larger company, which is commonly called the parent or holding company. For a parent company to have … billy mccool baseballWeb1. : not as important as something else. a subsidiary issue. subsidiary streams. subsidiary details. 2. : owned or controlled by another company. a subsidiary … billy mccoy hunterWebIf a company belongs to another company, then the owned company is a subsidiary. When a large company bought your small business, you became a subsidiary. It still hurts to … billy mccarthy mobWebA subsidiary company is owned and controlled by another company, the parent or holding company. The control is exercised by owning over 50% of the subsidiary’s voting stock. The controlling business either creates or … billy mccomiskey irish musicWebA corporation that is owned by another corporation (usually called the parent corporation.) Typically the parent corporation will control the subsidiary. DE FACTO CORPORATION … cynical duchess modestyWebSubsidiary. A subsidiary, subsidiary company or daughter company [1] [2] [3] is a company owned or controlled by another company, which is called the parent company … cynical dictionary.com