Difference between revisions of "Subsidiary"
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== Definition == | == Definition == | ||
| − | '''Subsidiary'''. A company that is entirely or partially owned and entirely or partially controlled by another company | + | '''Subsidiary'''. A company that is entirely or partially owned and entirely or partially controlled by another company. A subsidiary is a separate, distinct legal entity from its parent company(ies) for the purposes of taxation, regulatory compliance, and with respect to liability. |
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| − | A subsidiary is a separate, distinct legal entity from its parent company(ies) for the purposes of taxation, regulatory compliance, and with respect to liability. | ||
== Disclaimer == | == Disclaimer == | ||
Latest revision as of 12:45, 15 September 2021
Definition
Subsidiary. A company that is entirely or partially owned and entirely or partially controlled by another company. A subsidiary is a separate, distinct legal entity from its parent company(ies) for the purposes of taxation, regulatory compliance, and with respect to liability.
Disclaimer
This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.
