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The American Heritage Dictionary of Business Terms » parent company
parent company
parent company definition - business
parent company
A company that controls or owns another company or other companies. For example, Union Pacific Corporation is the parent company of operating subsidiary Union Pacific Railroad. Compare subsidiary. See also holding company.
The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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