parent company

Frequency: 7.514.0 per million words

A company that owns or controls another company.

Categories:

Examples (10)

  • The subsidiary eventually outgrew its parent company and took it over.
  • Many local firms are actually owned by a large parent company overseas.
  • The parent company is responsible for the debts of its subsidiaries.
  • She works at the head office of the parent company in New York.
  • The brand remains independent despite being bought by a global parent company.
  • Profits are often funnelled back to the parent company at the end of the year.
  • The parent company decided to liquidate several of its smaller branches.
  • Both the subsidiary and the parent company issued a joint press release.
  • Investors are closely watching the financial health of the parent company.
  • The merger will allow the parent company to expand into new markets.