- a corporation or other business enterprise that owns controlling interests in one or more subsidiary companies (distinguished from holding company).
Origin of parent company
First recorded in 1865–70
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
- a company that owns more than half the shares of another company
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012