Holding company

Holding company
A corporation that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors. The New York Times Financial Glossary

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   A company that controls one or more other companies, often by having a majority of the shares in each subsidiary. A holding company often has control over areas such as marketing and financial management, but not investment.

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holding company UK US noun [C]
FINANCE a company that owns large parts of other companies. Some holding companies have business activities themselves and others do not: »

Grupo Torras was the holding company of a large group of companies carrying out a variety of businesses in Spain.

Compare PARENT COMPANY(Cf. ↑parent company)

Financial and business terms. 2012.


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