a company with at least half of its capital stock owned by another company
subsidiary company in American English
noun
a company whose controlling interest is owned by another company
Word origin
[1915–20]This word is first recorded in the period 1915–20. Other words that entered Englishat around the same time include: conditioning, markup, neorealism, supernationalism, takeout
Examples of 'subsidiary company' in a sentence
subsidiary company
Group income election not being available, advance corporation tax had been paid by the subsidiary company or its own subsidiary.
Times, Sunday Times (2006)
The claimant had accepted that if the parent company's interpretation was correct then its appeal against its substitution for the subsidiary company should be allowed.
Times, Sunday Times (2010)
It is beyond words that the official vendors are channelling tickets to a subsidiary company for resale at exorbitant prices.
Times, Sunday Times (2010)
It also has subsidiary companies providing criminal record checks, security advice and road safety training.
Times, Sunday Times (2010)
Accountants yesterday criticised government plans to prevent partnerships, particularly hedge funds, from setting up subsidiary companies as 'corporate partners'.
Times, Sunday Times (2013)
Four subsidiary companies that own four of its six aparthotels have gone into administration, but the holding company continues to run two separate apartments.
Times, Sunday Times (2014)
It's something to consider next time you are leafing through the final pages of a company's annual report, where they list all their subsidiary companies.