subsidiary

subsidiary Definition

sub·sidi·ary (səb sid′ē er′ē, -ē ər ē)

adjective

Etymology: L subsidiarius < subsidium: see subsidy

noun pl. -·ar′·ies

a person or thing that is subsidiary; specif.,

a company controlled by another company which owns all or a majority of its shares
Music a subordinate theme

subsidiary Related Forms

sub·sid′i·ar′i·ly adverb

subsidiary Synonyms

modif.

subsidiary Finance Definition

A company that is owned by another larger company. A subsidiary is controlled by its parent company.

subsidiary Law Definition

See corporation.

subsidiary Usage Examples

Preposition: of

Converse of object

wholly-own: Oxford BioMedica has a wholly-owned subsidiary in San Diego, USA.
own: Euro Cargo Rail is a wholly owned subsidiary of English Welsh & Scottish Railroad Holdings Limited.
qualify: Any property managing subsidiary of the issuing company must also be a qualifying 90 % subsidiary of the issuing company.

Adjective modifier

overseas: Example Suppose an overseas banking subsidiary has made a number of third party loans that exceed its balance sheet capability.
foreign: The foreign subsidiary has to start up a new activity.
Canadian: In 1946 the Canadian subsidiary of de Havilland designed and built a replacement for the Tiger Moth.
principal: Entries include details on principal subsidiaries, capital, accounts and dividends, turnover, pre-tax profit and earnings per share.
German: The H&M Group has further acquired the American clothing chain GAP's German subsidiary.
Australian: A judge found BAT's Australian subsidiary had " deliberately obliterated " documents, depriving her of the right to a fair trial.

Modifies a noun

undertaking: The balance sheets of overseas subsidiary undertakings are expressed in sterling at year end exchange rates.
trading: It was considered that the only marketable asset the Charity had was the shareholding in one of its subsidiary trading companies.
company: Part of the land was used for company housing, built by a subsidiary company called Wesley Estates.
dial: The clock had an eight-day lever movement striking the hour and the half hour and a subsidiary alarm dial and mechanism.
body: In 1999, the proposal for a rule change to denote subsidiary bodies went through on the second day without any fuss.

Noun used with modifier

joytech: Level gambling disorder play for fun its joytech subsidiary.
trading: Back to top Do we need a trading subsidiary?
operating: A new company formed to effect a buy-out by buying the operating subsidiaries.
banking: Example Suppose an overseas banking subsidiary has made a number of third party loans that exceed its balance sheet capability.

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