material subsidiary

English - Turkish

Definition of material subsidiary in English Turkish dictionary

(Finans) İştirak, katılım

(Finans) İştirak

(Finans) iştirak

English - English

Definition of material subsidiary in English English dictionary

(Finans) (a)in which the Borrower owns (directly or indirectly) more than 50% of the issued share capital and voting rights; (b)whose total assets (being the total of fixed assets and current assets) represent at least 5 per cent of the total assets (being the total of fixed assets and current assets) of the Borrower and its subsidiaries from time to time (as shown in the latest consolidated financial statements of the Borrower)

Hyphenation

ma·te·ri·al sub·sid·i·a·ry

Turkish pronunciation

mıtîriıl sıbsîdieri

Pronunciation

/məˈtərēəl səbˈsədēˌerē/ /məˈtɪriːəl səbˈsɪdiːˌɛriː/