relating to something that is added but is not essential; "an ancillary pump"; "an adjuvant discipline to forms of mysticism"; "The mind and emotions are auxilliary to each other"
A foreign operation incorporated in the host country and owned 50% or more by a parent corporation Foreign operations that are not incorporated are called "branches "
A corporation that is either wholly owned or controlled through ownership of a majority of its voting shares, by another corporation or business entity
A subsidiary or a subsidiary company is a company which is part of a larger and more important company. British Asia Airways, a subsidiary of British Airways
A paper on this subject by the Council of Europe states that "subsidiarity is a fashionable idea today, although its meaning remains unclear" It is not a term with a limited technical meaning applying to governmental structures Rather, it conveys a political philosophy, which is the constant search for a decision-making level as close to the citizen as possible For some, this also implies that the political power in a society rests inherently with the individual, not the state
For TPO Home Mortgages, a Subsidiary is a corporation that is controlled by a Seller through the Seller's ownership of sufficient shares of voting stock to control the appointment of the members of the board of directors of the Subsidiary (Source: FHLMC Single- Family Seller/Servicer Guide, Glossary)
an incorporated enterprise in the host country in which another entity directly owns more than a half of the shareholder's voting power and has the right to appoint or remove a majority of the members of the administrative, management or supervisory body
A subsidiary is a company which is owned or controlled by another firm or company Subsidiaries include firms in which your company owns more than 50 percent of the outstanding voting stock, as well as firms in which your company has the power to direct or cause the direction of the management and policies
If something is subsidiary, it is less important than something else with which it is connected. The economics ministry has increasingly played a subsidiary role to the finance ministry. = secondary. subsidiaries a company that is owned or controlled by another larger company. connected with, but less important than something else = secondary