affiliate

  

Definitions (2)

1.Commerce: Two parties are affiliates if either party has the power to control the other, or a third party controls or has the power to control the both. Affiliation also exists in (1) in interlocking directorates or ownership, (2) in identity of interests among members of a family and, (3) where employees, equipment, and/or facilities, are shared. Affiliates are subject to greater than normal legal prohibitions and requirements to guard against insider trading. See also subsidiary.
2.Electronic commerce: Firm which sells other merchants' products at its own website. Visitors to the firm's website may order merchandise from there, but the sale is transacted actually at the principal's site who passes on a commission to the website from where the order originated.

Use affiliate in a sentence

  • The television station ABC, has a huge network of affiliate stations, that bring our local and regional news and television programming to us.

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  • Sometimes if you want to get on with a new company you have to go through an affiliate that will get money for referring you.

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  • My friend Dustin worked on the web and was heavily successful with affiliate marketing, which allowed him a lot of financial freedom.

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