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TeachMeFinance.com - explain Parent company Parent company The term 'Parent company' as it applies to the area of energy can be defined as ' An affiliated company that exercises ultimate control over a business entity, either directly or indirectly, through one or more intermediaries'. Previous 5 Terms: parasitology parastatic Parcel pardine Parent Next 5 Terms: Parhelion parietal parine Parity price Parity ratio 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". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.