A company for which a majority of the voting stock is owned by a holding company.

Use subsidiary in a sentence

You may want to work with a subsidiary so that you can know that everything will be handled very well.

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The small accounting agency was only a subsidiary of JP Morgan, so it was required to follow JP Morgan's shareholders' voted choices.

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My advisers had informed me that the subsidiary company we were with was loosing interest in our business and that if we lost them we could experience a severe loss in profits.

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subsidiary bank minority IPO