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holding company |
Also found in: Legal, Financial, Wikipedia, Hutchinson | 0.03 sec. |
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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 ..... Click the link for more information. . holding companyCorporation 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. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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mobile carrier, will get a fresh injection of $100 million from one of its parent companies. 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. 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. |
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