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subsidiary

 - 6 dictionary results

sub⋅sid⋅i⋅ar⋅y

[suhb-sid-ee-er-ee] adjective, noun, plural -ar⋅ies.
–adjective
1. serving to assist or supplement; auxiliary; supplementary.
2. subordinate or secondary: subsidiary issues.
3. of or pertaining to a subsidiary.
–noun
4. a subsidiary thing or person.
5. subsidiary company.
6. Music. a subordinate theme or subject.

Origin:
1535–45; < L subsidiārius, equiv. to subsidi(um) (see subsidy ) + -ārius -ary


sub⋅sid⋅i⋅ar⋅i⋅ly [suhb-sid-ee-air-uh-lee, -sid-ee-er-] , adverb
sub⋅sid⋅i⋅ar⋅i⋅ness, noun
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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sub·sid·i·ar·y   (səb-sĭd'ē-ěr'ē)   
adj.  
  1. Serving to assist or supplement; auxiliary.

  2. Secondary in importance; subordinate.

  3. Of, relating to, or of the nature of a subsidy.

n.   pl. sub·sid·i·ar·ies
  1. One that is subsidiary to another.

  2. A subsidiary company.

  3. Music A theme subordinate to a main theme or subject.


[Latin subsidiārius, from subsidium, support; see subsidy.]
sub·sid'i·ar'i·ly (-âr'ə-lē) adv.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Word Origin & History

subsidiary 
1543, from M.Fr. subsidiaire, from L. subsidiarius "serving to assist or supplement," from subsidium "help, aid" (see subsidy).
Online Etymology Dictionary, © 2001 Douglas Harper
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Financial Dictionary

Subsidiary

A company whose voting stock is more than 50% controlled by another company, usually referred to as the parent company.

Investopedia Commentary

As long as the parent company has more than 50% of the voting stock in the subsidiary, it has control.
In the case of a foreign subsidiary, the company the subsidiary is incorporated under must adhere to the laws of the country in which it operates, although the parent company still carries the foreign subsidiaries financials on their books (consolidated financial statements).

Related Links

Show and Tell: The Importance of Transparency
The Basics of Mergers and Acquisitions

See also: Acquisition, Consolidated Financial Statements, Hostile Takeover, Merger, Parent Company, Takeover, Wholly Owned Subsidiary

Investopedia.com. Copyright © 1999-2005 - All rights reserved. Owned and Operated by Investopedia Inc.
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Financial Dictionary

subsidiary

A company controlled or owned by another company. For example, the trucking company Overnite Transportation is a wholly owned subsidiary of Union Pacific Corporation. If a subsidiary is wholly owned, all its stock is held by the parent company. Compare holding company, parent company.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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Legal Dictionary

Main Entry: sub·sid·i·ary
Pronunciation: s&b-'si-dE-"er-E, -'si-d&-rE
Function: noun
Inflected Form: plural -ar·ies
: a company having the majority of its stock owned by another company —compare AFFILIATE
NOTE: The parent company of a subsidiary generally has the same policy-making powers as any majority owner and can do such things as appoint directors and hire officers. The subsidiary is controlled by the parent through these powers, and the parent may be held liable for the acts of the subsidiary if the subsidiary is found to be an instrumentality of the parent.subsidiary adjective
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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