parent company

American  

noun

1. a corporation or other business enterprise that owns controlling interests in one or more subsidiary companies (holding company ).

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parent company British  

noun

1. a company that owns more than half the shares of another company

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Etymology

Origin of parent company

First recorded in 1865–70

Example Sentences

Ross Stevens is the founder of Stone Ridge and chief executive of its parent company.

From The Wall Street Journal

The research from Skipton Group, the parent company of the Skipton Building Society, also found stark changes in the circumstances of first-time buyers.

From BBC

Pedro Pizarro, chief executive of the parent company of Southern California Edison, received $16.6 million in cash, stock and other compensation last year, up 20% from 2024, according to a new company filing.

From Los Angeles Times

“Our deepest sympathies remain with all those affected, and this loss reinforces our commitment to public safety and wildfire risk mitigation,” Pizarro and Peter Taylor, chairman of the parent company’s board, wrote in a letter to shareholders that was released with the details on executive compensation.

From Los Angeles Times

JCPenney intended its holiday-themed series “El Amigo De Mi Novio Es Millonario” to strengthen the retailer’s reputation among young Hispanic shoppers as an affordable source of fashion, according to Marisa Thalberg, executive vice president, chief customer and marketing officer at parent company Catalyst Brands.

From The Wall Street Journal