subsidiary company

noun

1. a company whose controlling interest is owned by another company.

subsidiary company

noun

1. a company with at least half of its capital stock owned by another company

Word History and Origins

Origin of subsidiary company¹

First recorded in 1915–20

Example Sentences

This has been "under the control and held for the benefit of" Mohamed Al Fayed's estate and family since his death in 2023, according to the accounts of a subsidiary company filed in the UK.

From BBC

More than five years on, one of the JaeVee subsidiary companies developing the sites is in administration and the other is in receivership.

From BBC

A strike of Teamsters workers was narrowly averted on July 23, after a pension fund agreed to extend health benefits to two Yellow subsidiary companies.

From Seattle Times

Nady Salameh was sanctioned as “the publicly registered officer” of companies registered in Luxembourg that purchased high-end real estate worth tens of millions of dollars through subsidiary companies in Belgium and Germany.

From Seattle Times

J&J sought to use the bankruptcy of its subsidiary company, LTL Management, to halt more than 38,000 lawsuits alleging the company’s Baby Powder and other talc products are contaminated with asbestos.

From Reuters