Affiliates
/əˈfɪliˌeɪts/
Definitions
- (n.) Entities controlled by, controlling, or under common control with another company, commonly defined by ownership or control thresholds in corporate law.
The parent company and its affiliates entered into the agreement together.
Forms
- affiliate
Related terms
Commentary
Commonly used in contracts to define the scope of parties subject to obligations or rights, with precise thresholds varying by jurisdiction or agreement.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.