subsidiary company

American  

noun

1. a company whose controlling interest is owned by another company.

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subsidiary company British  

noun

1. a company with at least half of its capital stock owned by another company

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Etymology

Origin of subsidiary company

First recorded in 1915–20

Example Sentences

Chelsea posted a profit of £128.4m in the previous year's accounts but this was aided by the sale of the women's team to Blueco Midco -- a subsidiary company -- for nearly £200 million.

From Barron's • Apr. 1, 2026

This has been "under the control and held for the benefit of" Mohamed Al Fayed's estate and family since his death in 2023, according to the accounts of a subsidiary company filed in the UK.

From BBC • Jul. 12, 2025

He also detailed TikTok's plan for addressing congressional concerns, including the company's strategy to move all its U.S. data to a U.S.-headquartered subsidiary company under a U.S.-led data security team.

From Salon • Mar. 26, 2023

J&J used the bankruptcy of a subsidiary company, LTL Management, to halt more than 38,000 lawsuits from plaintiffs alleging the company’s baby powder and other talc products caused cancer.

From Reuters • Mar. 22, 2023

We had a subsidiary company running a flourishing line of book shops in the east-end of London, and others in New Jersey, Chicago, Buenos Ayres, the South of France, and Ireland.

From The Passionate Friends by Wells, H. G. (Herbert George)