parent company definition

parent company

Firm that owns or controls other firms (called subsidiaries) which are legal entities in their own right. Also called parent corporation. See also holding company.

parent company is in the Corporate, Commercial, & General Law subject.

parent company appears in the definitions of the following terms: sister company, arm's-length transaction and parent corporation

This content can be found on the following page:

http://www.businessdictionary.com/definition/parent-company.html