holding company


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holding company

n.
A company controlling partial or complete interest in another company or other companies.

holding company

n
(Accounting & Book-keeping) a company with controlling shareholdings in one or more other companies

hold′ing com`pany


n.
a company that controls other companies through stock ownership but that usu. does not engage directly in their productive operations.
[1905–10]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.holding company - a company with controlling shares in other companies
company - an institution created to conduct business; "he only invests in large well-established companies"; "he started the company in his garage"
bank holding company - a holding company owning or controlling one or more banks
References in periodicals archive ?
Jewelers Mutual Insurance Company's board of directors has approved the insurer's plan to become a mutual holding company, a process the company hopes to complete by Jan.
Xerox announced that shareholders approved its proposal to adopt the merger agreement pursuant to which Xerox expects to implement a holding company reorganization.
The minister said that 119 companies are affiliated to the ministry as subsidiaries to eight holding companies, which are the Holding of Maritime and Land Transport, Misr Insurance Holding Company, Holding of Chemical Industries, Metallurgical Industries Company, Holding of Construction and Development, Cotton and Textile Industries Holding Company, the Holding Company for Pharmaceuticals, Chemicals and Medical Supplies and Holding Company for Tourism and Hotels.
The affiliated company shall not own shares or stakes in the holding company, and the holding company shall appoint its representatives on the boards of directors of the affiliated companies in proportion to its holdings or as agreed upon with other shareholders or partners in the affiliated companies.
So, now on the advice of the finance ministry, the federal cabinet has decided to create a holding company, Sarmaya-e-Pakistan Limited, in order to revive 193 loss-making state enterprises.
You may say this may be incidental because of the poor market sentiment, but history will show that the holding company discount has been consistent even in a good market.
announced CCF Holding Company (OTCQX: CCFH), the parent company of Heritage Bank, has qualified to trade on the OTCQX(r) Best Market.
26 January 2018 - Indiana, US-based federal savings bank Mid-Southern Savings Bank, FSB's (OTCBB: MSVB) board of directors has adopted a plan of conversion and reorganisation under which the bank will reorganise from the mutual holding company structure to the stock holding company structure and will undertake a "second-step" stock offering of shares of common stock of a new state chartered corporation formed in connection with the conversion, the bank said.
Some observers have applauded this development and are questioning whether the bank holding company form of ownership--used by almost 90 percent of U.S.
The merger has been approved by the board of trustees of each bank's mutual holding company and by the corporators of each mutual holding company.
The merger has been approved by the board of trustees of each bank's parent mutual holding company and by the corporators of each mutual holding company, and has also received the required regulatory approvals.