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.