Other Definitions
subsidiary (dict)
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SubsidiaryA subsidiary is a corporation controlled by another. When that control or ownership is not shared, it is termed a wholly-owned subsidiary. Subsidiaries are distinct legal entities for purposes of taxation and other forms of regulation. A large holding company such as Berkshire Hathaway will usually organize all of their holdings into subsidiaries, sometimes with multiple levels of containment (http://www.berkshirehathaway.com/subs/sublinks.html). See also
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