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Meaning of subsidiaries
A subsidiary is a company that is owned or controlled by another company.
Etymology of subsidiaries
The word "subsidiary" originated from the Latin words "subsidium," meaning "assistance" or "support," and the suffix "-ary," which forms an adjective indicating a place or thing.
The term has been used in English since the 15th century to describe a company or organization that is controlled by another.
Synonyms
affiliates
branches
divisions
subsidiaries
spin-offs
offshoots
daughter companies
sister companies
associated companies
affiliated companies
parent companies
holding companies
conglomerates
franchises
chains
outlets
satellites
dependencies
appendages
extensions
spin-offs
affiliates
branches
divisions
Definitions
- A company that is owned or controlled by another company, typically a parent company or holding company.
- * A separate part of a larger organization, such as a department or division.
Usage Examples
- The parent company has several subsidiaries around the world, each operating independently.
- * The subsidiary company was established to focus on a specific area of research and development.