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Related to subsidiary company: consolidated balance sheet
A company having more than half of its stock owned by another company.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
(Economics) a company with at least half of its capital stock owned by another company
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
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|Noun||1.||subsidiary company - a company that is completely controlled by another company|
company - an institution created to conduct business; "he only invests in large well-established companies"; "he started the company in his garage"
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