Definition of subsidiary
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Origin and Etymology of subsidiary
Latin subsidiarius, from subsidium reserve troops
First Known Use: 1543
Other Economics Terms
subsidiary
Definition of subsidiary
subsidiaries
: one that is subsidiary; especially : a company wholly controlled by another
Examples of subsidiary in a Sentence
one of the company's foreign subsidiaries
1603
First Known Use of subsidiary
1603
Other Business Terms
SUBSIDIARY Defined for English Language Learners
subsidiary
playDefinition of subsidiary for English Language Learners
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: not as important as something else
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: owned or controlled by another company
subsidiary
Definition of subsidiary for English Language Learners
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: a company that is owned or controlled by another company
Law Dictionary
subsidiary
Legal Definition of subsidiary
subsidiaries
: a company having the majority of its stock owned by another company — compare affiliate
subsidiary
adjectiveAdditional 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.
Learn More about subsidiary
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See words that rhyme with subsidiary Spanish Central: Translation of subsidiary Nglish: Translation of subsidiary for Spanish speakers Britannica English: Translation of subsidiary for Arabic speakers Britannica.com: Encyclopedia article about subsidiary
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