Subsidiary
volume
British pronunciation/sʌbsˈɪdjəɹi/
American pronunciation/səbˈsɪdiˌɛɹi/

Definition & Meaning of "subsidiary"

Subsidiary
01

a business company controlled or owned by a holding or parent company

02

an assistant subject to the authority or control of another

subsidiary
01

functioning in a supporting capacity

subsidiary

n
example
Example
The retail chain has subsidiaries in different countries.
The pharmaceutical company has several subsidiaries around the world.
The subsidiary operates independently but reports to the parent company.
The tech giant acquired a new subsidiary to expand its product line.
They decided to merge the subsidiary with another division.
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