wholly-owned subsidiary

wholly-owned subsidiary
Fin
a company that is completely owned by another company. A wholly-owned subsidiary is a registered company with board members who all represent one holding company or corporation. Board members may be directly from the holding company or acting as its nominees, or they may be from other wholly-owned subsidiaries of the holding company.

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  • wholly-owned subsidiary — ➔ subsidiary1 * * * wholly owned subsidiary UK US noun [C] FINANCE ► a company whose shares are all owned by another company: »Under terms of the merger agreement, Learning Co. will become a wholly owned subsidiary of Broderbund. → See also… …   Financial and business terms

  • wholly-owned subsidiary — wholly owned subsidiaries N COUNT A wholly owned subsidiary is a company whose shares are all owned by another company. [BUSINESS] The Locomotive Construction Company Ltd is a wholly owned subsidiary of the Trust …   English dictionary

  • Wholly Owned Subsidiary — A company whose common stock is 100% owned by another company, called the parent company. A company can become a wholly owned subsidiary through acquisition by the parent company or spin off from the parent company. In contrast, a regular… …   Investment dictionary

  • wholly owned subsidiary — A subsidiary undertaking that is owned 100% by a holding company (i.e. there is no minority interest) …   Accounting dictionary

  • wholly owned subsidiary — A subsidiary undertaking that is owned 100% by a holding company (i. e. there is no minority interest) …   Big dictionary of business and management

  • wholly owned subsidiary — A subsidiary whose parent company owns virtually 100% of its common stock. Bloomberg Financial Dictionary …   Financial and business terms

  • wholly-owned subsidiary — /ˌhəυlli əυnd səb sɪdjəri/ noun a subsidiary which belongs completely to the parent company …   Dictionary of banking and finance

  • wholly-owned — whollˈy owned adjective Describing a company all of whose shares are owned by another company • • • Main Entry: ↑whole * * * ˌwholly ˈowned 7 [wholly owned] adjective (business …   Useful english dictionary

  • partly-owned subsidiary — ➔ subsidiary1 * * * partly owned subsidiary UK US noun [C] FINANCE ► a company of which some of the shares are owned by a larger company: »It is a partly owned subsidiary of the largest telecommunications company in Canada. → Compare WHOLLY OWNED …   Financial and business terms

  • wholly-owned — adj. Wholly owned is used with these nouns: ↑subsidiary …   Collocations dictionary

  • subsidiary — A separate corporation that is owned by another corporation. American Banker Glossary A wholly or partially owned company that is part of a large corporation. A foreign subsidiary is a separately incorporated entity under the host country s law.… …   Financial and business terms

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