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

The parent company of AirAsia, Southeast Asia’s largest budget carrier, continued to post improving earnings in 3Q.

From The Wall Street Journal

Meta, the parent company of Facebook, has started deactivating accounts based on information such as the age given when they were created.

From Barron's

Neil Crittenden is currently the interim vice-president at the theme park and has spent more than 16 years working for its parent company Merlin.

From BBC

"We share Olivia's desire to keep live music accessible and ensure fans have the best access to affordable tickets," said Michael Rapino, CEO of Ticketmaster's parent company, Live Nation Entertainment.

From BBC

Spanish language network Univision is back on YouTube TV after parent company TelevisaUnivision reached a new distribution agreement with the Google-owned streaming service.

From Los Angeles Times