Definition of holding company in US English:
holding company
nounˈhōldiNG ˌkəmp(ə)nēˈhoʊldɪŋ ˌkəmp(ə)ni
A company created to buy and possess the shares of other companies, which it then controls.
Example sentencesExamples
- The holding company now owns a controlling interest in the bank.
- A joint holding company will be created to ensure the brands keep trading side by side for at least three years.
- This holding company provides an excellent platform for them to pursue larger business deals.
- I am a director for a holding company of one of New Zealand's larger building companies.
- If sufficient numbers accept, the two firms will form a joint holding company to ensure the brands keep trading side by side for at least three years.
- The government intends to divide the Austrian Federal Railways into nine private companies run by a holding company.
- Where the parent of a bank is a financial holding company, the task of consolidated supervision is given to the Member State which authorized the bank.
- Nevertheless, the process of going from state-run banks to a financial holding company may be at least two to three years off.
- An option could be to put the stadium in the hands of a York sporting trust or a holding company in which interested parties have a share.
- The airlines will create a holding company that will enable each carrier to retain its own brand and employees and most of its route networks.
- However, to qualify as a business asset, the shareholding must be in a trading company or a holding company in a trading group.
- The current shareholders will be represented in the holding company.
- The holding company is privately owned; the only non-family shareholder is the chief executive.
- The question is whether the holding company can use its shares for its own benefit.
- He stated that back at the Shareholder Agreement stage they contemplated a holding company to hold their shares.
- Most public companies have a holding company and subsidiaries.
- It is generally understood to be a diverse group of large industries controlled by a single family usually through a central holding company.
- The headquarters is a holding company in that it serves as a profit centre, and does not otherwise direct activities at the periphery.
- It is owned by a holding company, which in turn is part-owned by a company registered in Jersey.
- A while ago, he decided to establish a holding company to control his myriad interests in grand prix racing.