parent company - Meaning, Image, Examples & Etymology - Learn English Visually

a company that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors.

Meanings

a company that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors.

The parent company decided to restructure its subsidiary to improve efficiency.

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a corporation that has a controlling interest in another company, giving it the power to dictate its policies and decisions.

The parent company has the final say in all major decisions affecting the subsidiary.

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Last updated: 2025/01/11 11:54