parent company

Related Terms
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.

Use 'parent company' in a Sentence

You may want to stick close to your parent company and follow their lead when things start to get rough.
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The parent company would be going under soon and that was bad news for us because they were our parent company.
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The parent company was the final deciding factor on the whether the change would be implemented as they always had the final say.
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