subsidiary (B2)
noun, adjective
Pronunciation: /səbˈsɪdiˌɛri/
Definition
A company controlled by a holding company or parent corporation.
Examples
The tech giant announced the acquisition of a smaller, innovative subsidiary.
Many multinational corporations operate through a network of subsidiaries in different countries.
The subsidiary company reported strong profits for the last fiscal quarter.
How to Use subsidiary
- subsidiary of (prepositional phrase)
- Indicates ownership or control by a parent company. — "The firm is a subsidiary of a global conglomerate."
- subsidiary company (collocation)
- A company that is owned or controlled by another company. — "They are looking to expand their subsidiary company into new markets."
Synonyms of subsidiary
Words with a similar meaning to subsidiary:
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