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holding company
(redirected from Parent companies)

    Also found in: Legal, Financial, Wikipedia, Hutchinson 0.04 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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? Mentioned in ? References in periodicals archive
 
mobile carrier, will get a fresh injection of $100 million from one of its parent companies.
Boost for Helio by Lee, Booyeon / Los Angeles Business Journal
A local public watchdog group is asking the Lane County tax assessor to investigate whether allegations of price fixing by the parent companies of Hynix might disqualify the local computer-chip plant from enterprise zone property tax breaks.
Watchdog challenges Hynix tax breaks by The Register-Guard (Eugene, OR)
The company has been sharing research and product development space with Solutia, one of its parent companies, in the same business complex where the new facility is being built.
Astaris to open R & D facility by JCT CoatingsTech
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