subsidiary
sub·sid·i·ary /səb-'si-dē-ˌer-ē, -'si-də-rē/ n pl -ar·ies: a company having the majority of its stock owned by another company compare affiliate
◇ 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.
subsidiary adj

Merriam-Webster’s Dictionary of Law. . 1996.

subsidiary
I noun adjuvant, aiding, assistant, auxiliary, cooperating, helping, secondary, subordinate, subservient, subsidiarius, supplemental, supplementary associated concepts: subsidiary corporation II index affiliate, appurtenance, appurtenant, chapter (branch), circumstantial, contingent, derivative, extraneous, extrinsic, incident, incidental, inferior (lower in position), minor, offshoot, organ, pendent, secondary, slight, subaltern, subordinate, subservient, supplementary

Burton's Legal Thesaurus. . 2006


subsidiary
A subsidiary is a company owned or controlled by a parent or holding company. The relationship between parent and subsidiary depends on majority control of the voting rights of the shares or the ability to appoint the majority of directors.

Easyform Glossary of Law Terms. — UK law terms.


subsidiary
adj.
Under the control of another.
n.
A company controlled by another company that owns a majority of the shares of its stock; also called a subsidiary corporation.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


subsidiary
a company is a subsidiary of another company if the second company (the parent) owns more than 50 per cent of the ordinary share capital of the first company or otherwise has voting control over it.

Collins dictionary of law. . 2001.


subsidiary
A corporation or other limited liability entity that operates under the legal authority of a larger "parent" corporation. Typically, a parent corporation owns a controlling interest in the shares of a subsidiary corporation, giving the parent the votes necessary to control who is appointed to the subsidiary's board of directors.
Category: Business, LLCs & Corporations

Nolo’s Plain-English Law Dictionary. . 2009.

subsidiary
subsidiary
A company which is controlled by another company (its holding company). Under section 736 of the Companies Act 1985, whether or not one company is a subsidiary of another depends effectively on whether the other company:
• Holds a majority of the voting rights; or
• Is a member and has the right to appoint or remove a majority of the directors; or
• Controls, alone or with other shareholders or members, a majority of the voting rights at board meetings.
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USA
In the context of finance transactions, and with respect to any person, any company, partnership or limited liability company at least 50% of the outstanding voting stock (or comparable ownership interest) of which is owned, directly or indirectly, by such person or by one or more subsidiaries of such person.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.


subsidiary

Webster's New World Law Dictionary. . 2000.


subsidiary
Auxiliary; aiding or supporting in an inferior capacity or position. In the law of corporations, a corporation or company owned by another corporation that controls at least a majority of the shares.

Dictionary from West's Encyclopedia of American Law. 2005.


subsidiary
Auxiliary; aiding or supporting in an inferior capacity or position. In the law of corporations, a corporation or company owned by another corporation that controls at least a majority of the shares.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

Synonyms:

Look at other dictionaries:

  • Subsidiary — Sub*sid i*a*ry, a. [L. subsidiarius: cf. F. subsidiaire. See {Subsidy}.] 1. Furnishing aid; assisting; auxiliary; helping; tributary; especially, aiding in an inferior position or capacity; as, a subsidiary stream. [1913 Webster] Chief ruler and… …   The Collaborative International Dictionary of English

  • subsidiary — [səb sid′ē er΄ē, səb sid′ē ər ē] adj. [L subsidiarius < subsidium: see SUBSIDY] 1. giving aid, support, service, etc.; serving to supplement; auxiliary 2. being in a secondary or subordinate relationship 3. of, constituting, or maintained by a …   English World dictionary

  • subsidiary — ► ADJECTIVE 1) less important than but related or supplementary to. 2) (of a company) controlled by a holding or parent company. ► NOUN (pl. subsidiaries) ▪ a subsidiary company. ORIGIN Latin subsidiarius, from subsidium assistance …   English terms dictionary

  • Subsidiary — Sub*sid i*a*ry, n.; pl. {Subsidiaries}. One who, or that which, contributes aid or additional supplies; an assistant; an auxiliary. Hammond. [1913 Webster] …   The Collaborative International Dictionary of English

  • subsidiary — (adj.) 1540s, from M.Fr. subsidiaire, from L. subsidiarius serving to assist or supplement, from subsidium help, aid (see SUBSIDY (Cf. subsidy)) …   Etymology dictionary

  • subsidiary — *auxiliary, contributory, subservient, ancillary, adjuvant, accessory …   New Dictionary of Synonyms

  • subsidiary — [adj] secondary, helpful accessory, adjuvant, aiding, ancillary, appurtenant, assistant, assisting, auxiliary, backup, branch, collateral, contributory, cooperative, lesser, minor, serviceable, subject, subordinate, subservient, supplemental,… …   New thesaurus

  • subsidiary — A separate corporation that is owned by another corporation. American Banker Glossary A wholly or partially owned company that is part of a large corporation. A foreign subsidiary is a separately incorporated entity under the host country s law.… …   Financial and business terms

  • Subsidiary — A foreign based affiliate that is a separately incorporated entity under the host country s law. The New York Times Financial Glossary * * * ▪ I. subsidiary sub‧sid‧i‧a‧ry 1 [səbˈsɪdiəri ǁ dieri] noun subsidiaries PLURALFORM [countable] a company …   Financial and business terms

  • Subsidiary — A subsidiary, in business matters, is an entity that is controlled by a bigger and more powerful entity. The controlled entity is called a company, corporation, or limited liability company, and the controlling entity is called its parent (or the …   Wikipedia

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