Definition of Subsidiary company

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TeachMeFinance.com - explain Subsidiary company




historic definition...

Subsidiary company -- A company whose entire stock is owned by another company; or which is controlled through ownership of a majority of its stock by another company.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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