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holding company
(redirected from parent company)

    Also found in: Dictionary/thesaurus, Legal, Financial, Wikipedia, Hutchinson 0.06 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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6 list of securities brokerage firms incorrectly listed the top local executive and parent company for Wedbush Morgan Securities Inc.
Correction by Los Angeles Business Journal
A recent Florida court case involving a nursing home and its out-of-state parent company could have important ramifications for the litigation-weary long-term care industry, reports the Mager Law Group, which represented the defense in the case.
Florida court exempts chain parent companies from liability by Edwards, Douglas J. / Nursing Homes
The name change reflects the company's identity with parent company, Kadant Inc.
Introducing Kadant Black Clawson by Solutions - for People, Processes and Paper
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