subsidiary

  

Definition

An enterprise controlled by another (called the parent) through the ownership of greater than 50 percent of its voting stock. See also affiliate.

Use subsidiary in a sentence

  • Despite it being a subsidiary company, the parent company gave it a great degree of autonomy in its policies and business practices

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  • The manager reluctantly enforced the new policy that made his workers job more difficult, but as simply the manager of a subsidiary he had to follow the parent company's orders.

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  • I work for a company with 2 entities. Although ELED solutions is my company name I am paid through the subsidiary ELED electric.

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