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1

subsidiary

play
adjective sub·sid·i·ary \səb-ˈsi-dē-ˌer-ē, -ˈsi-də-rē\

Simple Definition of subsidiary

  • : not as important as something else

  • : owned or controlled by another company

Source: Merriam-Webster's Learner's Dictionary

Full Definition of subsidiary

  1. 1a :  furnishing aid or support :  auxiliary <subsidiary details>b :  of secondary importance <a subsidiary stream>

  2. 2 :  of, relating to, or constituting a subsidy <a subsidiary payment to an ally>

subsidiarily play \-ˌsi-dē-ˈer-ə-lē\ adverb

2

subsidiary

noun, sub·sid·i·ary

Simple Definition of subsidiary

  • : a company that is owned or controlled by another company

Source: Merriam-Webster's Learner's Dictionary

Full Definition of subsidiary

plural subsidiaries

  1. :  one that is subsidiary; especially :  a company wholly controlled by another

Examples of subsidiary in a sentence

  1. one of the company's foreign subsidiaries



1603

First Known Use of subsidiary

1603


Law Dictionary

subsidiary

noun sub·sid·i·ary \səb-ˈsi-dē-ˌer-ē, -ˈsi-də-rē\

Legal Definition of subsidiary

plural subsidiaries

  1. :  a company having the majority of its stock owned by another company — compare affiliate

subsidiary adjective


Additional Notes on subsidiary

The parent company of a subsidiary generally has the same policy-making powers as any majority owner and can do such things as appoint directors and hire officers. The subsidiary is controlled by the parent through these powers, and the parent may be held liable for the acts of the subsidiary if the subsidiary is found to be an instrumentality of the parent.



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