Dictionary
Thesaurus
Encyclopedia
Translator
Web

wholly owned subsidiary

 - 2 dictionary results
Financial Dictionary

Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Investopedia Commentary

In other words, the parent company owns the company outright and there are no minority owners.

Related Links

The Wacky World of M&As
The Basics of Mergers and Acquisitions

See also: Acquisition, Hostile Takeover, Merger, Subsidiary, Takeover

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

wholly owned subsidiary

A company that is totally owned by another company. For example, American Airlines is a wholly owned subsidiary of AMR Corp. A wholly owned subsidiary may have publicly traded preferred stock and debt, but all of its common stock is owned by a parent company and is unavailable for purchase.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
Cite This Source
Search another word or see wholly owned subsidiary on Thesaurus | Reference
FacebookTwitterFollow us: