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

He became the chief executive of British Airways in 2005 and ended a 15-year-long career with its parent company International Airlines Group in 2020.

From BBC

Airgas and its parent company Air Liquide didn’t respond to requests for comment.

From The Wall Street Journal

The Labs’ budget was enormous, and accounting conventions allowed its parent company to make huge and continuing investments in R & D.

From The Wall Street Journal

But scientists and engineers at the Labs understood their ideas would be implemented, if they passed muster, into the huge system its parent company was running.

From The Wall Street Journal

The ruling could affect how much money YouTube’s parent company, Alphabet, and Meta earn as they spend more on legal battles.

From Los Angeles Times