Parent Company
/ˈpɛrənt ˈkʌmpəni/
Definitions
- (n.) A corporation that owns enough voting stock in another company to control management and operations.
The parent company exercised control over its subsidiaries' business decisions.
Forms
- parent companies
Related terms
See also
Commentary
The term specifically implies control through ownership of voting stock, distinguishing it from mere investment or affiliation.
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.