Terms Beginning With 'w'

Wholly Owned Subsidiary

  • January 11, 2020
  • Team Kalkine

A company that is completely owned by another company (parent company or holding company) is called a wholly owned subsidiary. The holding company holds the entire (100%) common stock of the subsidiary. Moreover, wholly owned subsidiaries can be part of the same or different industry than the holding company. They permit the parent company to manage (and possibly reduce) risk and also diversify.

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