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holding company
(redirected from Holding firm)

   Also found in: Legal, Financial, Wikipedia, Hutchinson 0.03 sec.
holding company: see corporation corporation, in law, organization enjoying legal personality for the purpose of carrying on certain activities. Most corporations are businesses for profit; they are usually organized by three or more subscribers who raise capital for the corporate activities by
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holding company

Corporation that owns enough voting stock in one or more other companies to exercise control over them. A holding company provides a means of concentrating control of several companies with a minimum of investment; other means of gaining control, such as mergers or consolidations, are more complicated legally and more expensive. A holding company can reap the benefits of a subsidiary's goodwill and reputation while limiting its liability to the proportion of the subsidiary's stock that it owns. The parent company in a conglomerate corporation is usually a holding company.



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The two companies, which have integrated their businesses, set up a holding firm on Jan.
The owner, a Chinese-American holding firm with both a garment business and a roofing supply business, was looking to capitalize on the hot market.
However, the City Section is holding firm that Kim and Jennifer can only play varsity sports at Sylmar, where they now reside.
 
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