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

Twelve Saks Fifth Avenue stores will be closed by the end of May, its parent company, Saks Global, said on Friday.

From The Wall Street Journal

Former Google chief executive Eric Schmidt announced Thursday he has stepped down from his role as executive chairman of the search giant’s parent company Alphabet.

From Los Angeles Times

Schmidt is worth about $52 billion, largely through his stock holding in Google’s parent company, Alphabet, according to Bloomberg.

From Los Angeles Times

Gavalas’ family is suing Google and its parent company, Alphabet, over the man’s death.

From Los Angeles Times

The parent company of the New York Stock Exchange recognizes that stocks aren’t the only asset that investors care about.

From Barron's