holding company

Definition

A company that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors. also called parent company.

Use holding company in a sentence

You may want to do some business with a holding company if you think that will make things easier for you.

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They were the holding company and I wondered what that meant for us and wondered exactly how we would deal with it.

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The holding company exercised its ability to influence by voting on the decision that was discussed in detail during the meeting.

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subsidiary Division of Investment Management