parent company

noun

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

parent company

noun

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

Word History and Origins

Origin of parent company¹

First recorded in 1865–70

Example Sentences

On Friday Gorilla bar, which shares parent company Tokyo Industries with the Deaf Institute, shared a post to Instagram which said its "thoughts and prayers are with the family and friends" of their colleague.

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David Ellison acquired CBS News’ parent company Paramount in a merger with Skydance over the summer.

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“They have learned a lot about social media. And by the way, it doesn’t hurt that their friends own all of the major social media platforms,” calling out billionaire media owners like Oracle CEO Larry Ellison, who is rumored to be interested in CNN after his son David recently purchased the parent company of CBS News.

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British Gas's parent company Centrica, Euro Garages and Holland & Barrett are among the latest companies named and shamed by the government for underpaying staff.

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Polymarket, the crypto-forward prediction market that last week inked a $2 billion deal with the parent company of the New York Stock Exchange, also recently acquired a designated contract market, QCX, paving the way for its return to the U.S.

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