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Parent and Subsidiary Company. A corporation that owns a majority of the outstanding voting stock of another corporation its subsidiary. A corporation that is controlled by a parent company that owns a majority of its outstanding voting stock, either directly or indirectly. Companies that are controlled by a single management team through parent-subsidiary relationships. Although the term affiliate is a synonym for subsidiary, the parent company is included in the total affiliation structure. Financ.CONTENT
This web page accountingcorner.blogspot.com states the following, "A corporation that owns a majority of the outstanding voting stock of another corporation its subsidiary." We saw that the webpage said " A corporation that is controlled by a parent company that owns a majority of its outstanding voting stock, either directly or indirectly." It also said " Companies that are controlled by a single management team through parent-subsidiary relationships. Although the term affiliate is a synonym for subsidiary, the parent company is included in the total affiliation structure."SEEK SIMILAR DOMAINS
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