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Longman Dictionary of Contemporary English
a subsidiary company (=owned or controlled by a larger company)
▪ As a result, they suffer the full rate of withholding tax on dividends from foreign subsidiaries.
▪ By 1986, almost 75 percent of Virgin's overall business would be generated by its foreign subsidiaries.
▪ As a result, a number of multi-national companies have emerged which control a large number of foreign subsidiaries.
▪ A new San Jose-based subsidiary of the huge company has begun shipping its first products: notebook computers aimed at business users.
▪ In addition Fujitsu has created an average of five new software subsidiaries annually for the past three years.
▪ Mr Gluckstern is about to manage a new subsidiary, Zurich Reinsurance Centre.
▪ Product sales generated £31.1m up from £30.1m in 1991, some 58% of which came from overseas subsidiaries.
▪ The results of overseas subsidiaries are translated into sterling at average rates for the year.
▪ On consolidation, the assets and liabilities of overseas subsidiary and associated undertakings are translated at the completion rate of exchange.
▪ Parent company guarantees Joining an overseas subsidiary, for example, carries potential risks.
▪ All of Johnson Matthey's money borrowings are in foreign currency to finance the groups overseas subsidiaries.
▪ Timing Employee selection should not be rushed merely because the overseas subsidiary demands a person in the vacant job straight away.
▪ Disclosure is not required for non-audit services supplied to subsidiaries not audited by the parent company's auditor and to overseas subsidiaries.
▪ By 1966, 20 percent of their total sales was accounted for by overseas subsidiaries.
▪ In 1969, Lechmere merged with Dayton Corp., becoming a wholly owned subsidiary of the giant Minneapolis-based retailer.
▪ Tampa General Hospital created a subsidiary to combat infant mortality.
▪ The terms of the deal values the two companies at £5m, and they will operate as subsidiaries from their present locations.
▪ Name's style and independence will be retained and it will continue to operate as an independent subsidiary.
▪ It owns three subsidiaries: Charles Farris, which makes enormous church candles that sell for about £35 each.
▪ In 1969, Lechmere merged with Dayton Corp., becoming a wholly owned subsidiary of the giant Minneapolis-based retailer.
▪ A wholly owned subsidiary is one in which the parent owns 100 percent of the voting stock of the subsidiary.
▪ Many wholly owned subsidiaries are originally founded by the parent for some special purpose.
▪ Pratt &038; Lambert is now a wholly owned subsidiary of Sherwin-Williams, a paint and varnish maker.
▪ Monster Motorsports will remain a wholly owned subsidiary.
▪ Who should the Minister sell off the subsidiaries?
▪ There a need to decentralize and set up semi-autonomous subsidiaries or affiliates.
▪ Co., and Salomon Brothers Inc. have set up similar subsidiaries.
▪ All the majors and two of the mini-majors set up production subsidiaries in London.
▪ So they often set up subsidiaries, which earned maintenance revenues on the back of mainstream hardware sales.
▪ To achieve a lower after-tax cash flow as early as possible, lessors normally set up leasing subsidiaries with different year ends.
▪ Typically, technology innovators emphasise exports as the initial route for expansion and set up local sales subsidiaries to ensure proper control.
▪ Alternatively they can seek to avoid the protective wall by setting up subsidiaries and branches within the Community.
▪ The costs of setting up a manufacturing subsidiary might be prohibitive or the foreign country might be politically unstable.
▪ InterHarvest is a subsidiary of United Brands.
▪ Relco plans to establish a subsidiary company in the UK with a capital of around $4m.
▪ Sharp Electronics is the U.S. subsidiary of Japan's Sharp Corporation.
▪ Buying back the subsidiary will cost the last twelve months in sales times a factor of 0.75 to 1.5.
▪ Lowe is part of the Lowe Group, one of the three large subsidiaries of Interpublic.
▪ The subsidiary has 50 offices around the country.
▪ The stated intention of the Eleventh Directive is to harmonise the laws relating to subsidiaries and branches.
▪ Under our law, a subsidiary can go bankrupt and normally the parent company will not be liable for its debts.
▪ Some 600 of the workforce will transfer to the subsidiary company.
▪ Other leading drug wholesalers in Britain also surreptitiously buy cheap imports using specially-established subsidiary companies.
▪ Direct methods included subsidiary companies, joint ventures and direct selling.
▪ Turnover has to be calculated by adding together the respective turnovers of all parent and subsidiary companies.
▪ Trading results and cash flows of overseas subsidiary companies are translated into sterling at average rates.
▪ Parent companies have no legal responsibilities to the creditors of their subsidiary companies unless they have signed guarantees to that effect.
▪ The ships come into it because they Produce profits for the group - the only subsidiary company which does.
▪ The impression that post-war production was almost totally dominated by Rank and his subsidiary companies is largely accurate.
▪ Page One is for who you are, and what you have done-Page Two for subsidiary information.
▪ Many computers have a further field in the instruction, to specify subsidiary information required by an operation.
▪ Is the condition encoded in the operation code or in a subsidiary information field?
▪ The following are the principal differences: Relevant subsidiary undertakings joining the group are accounted for on the acquisition basis.
▪ If you take the English literature course, you can do linguistics as a subsidiary subject.
▪ The formulation of a lasting peace settlement was the main objective, and everything else was seen as subsidiary to it.
▪ All subsidiary companies are 100 percent owned.
▪ Incidentally women may be mentioned, in prayers or as subsidiary figures in readings.
▪ It was also used as the finish for small or irregularly shaped subsidiary roofs over bays and porches, etc.
▪ Philips plans to ship players, under both its Philips and subsidiary Magnavox labels, late this year.
▪ Some 600 of the workforce will transfer to the subsidiary company.
▪ The J. B., etc. was one of Mr. Bonanza's little subsidiary concerns.
▪ Your seven ideas should be subsidiary ones to the main theme you are trying to communicate.
The Collaborative International Dictionary

Subsidiary \Sub*sid"i*a*ry\, n.; pl. Subsidiaries. One who, or that which, contributes aid or additional supplies; an assistant; an auxiliary.


Subsidiary \Sub*sid"i*a*ry\, a. [L. subsidiarius: cf. F. subsidiaire. See Subsidy.]

  1. Furnishing aid; assisting; auxiliary; helping; tributary; especially, aiding in an inferior position or capacity; as, a subsidiary stream.

    Chief ruler and principal head everywhere, not suffragant and subsidiary.

    They constituted a useful subsidiary testimony of another state of existence.

  2. Of or pertaining to a subsidy; constituting a subsidy; being a part of, or of the nature of, a subsidy; as, subsidiary payments to an ally.

    George the Second relied on his subsidiary treaties.
    --Ld. Mahon.

Douglas Harper's Etymology Dictionary

1540s, from Latin subsidiarius "belonging to a reserve, of a reserve, reserved; serving to assist or supplement," from subsidium "a help, aid, relief, troops in reserve" (see subsidy). As a noun, c.1600, "subsidiary thing." In Latin the word was used as a noun meaning "the reserve."


a. 1 auxiliary or supplemental. 2 secondary or subordinate. n. 1 A company owned by a parent company or a holding company, also called daughter company or sister company. 2 (context music English) a subordinate theme

  1. adj. 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" [syn: accessory, adjunct, ancillary, adjuvant, appurtenant, auxiliary]

  2. functioning in a subsidiary or supporting capacity; "the main library and its auxiliary branches" [syn: auxiliary, supplemental, supplementary]

  1. n. an assistant subject to the authority or control of another [syn: subordinate, underling, foot soldier]

  2. a company that is completely controlled by another company [syn: subsidiary company]


A subsidiary, subsidiary company or daughter company is a company that is owned or controlled by another company, which is called the parent company, parent, or holding company. The subsidiary can be a company, corporation, or limited liability company. In some cases it is a government or state-owned enterprise.

In the United States railroad industry, an operating subsidiary is a company that is a subsidiary but operates with its own identity, locomotives and rolling stock. In contrast, a non-operating subsidiary would exist on paper only (i.e., stocks, bonds, articles of incorporation) and would use the identity of the parent company.

Subsidiaries are a common feature of business life, and all multinational corporations organize their operations in this way. Examples include holding companies such as Berkshire Hathaway, Leucadia National Corporation, Time Warner, or Citigroup; as well as more focused companies such as IBM or Xerox. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries.

Usage examples of "subsidiary".

Other things, which pertain to the understanding and hence to the thinking, called matters of faith, are provided everyone in accord with his life, for they are accessory to life and if they have been given precedence, do not become living until they are subsidiary.

Arthur Andersen, the once-revered accounting firm, evaporated overnight as its role in the debacle led to a subsidiary scandal of its own.

The Playa del Sol Company, Ltd, incorporated in the Cayman Islands, dissolved itself and its American subsidiary, Playa Enterprises, declared Chapter 11.

Saul, the stolen adze, and the violation of tapu, were all subsidiary factors?

Vesper had subsequently discovered that NSS was a wholly owned subsidiary of Volto Enterprises Unlimited.

When Lawrence Eagleburger left the State Department in 1984, having been ambassador to Yugoslavia, he became simultaneously a partner of Kissinger Associates, a director of a wholly owned banking subsidiary of the Ljubljanska Banka, a bank then owned by the Belgrade regime, and the American representative of the Yugo mini-car.

Bionetics Laboratories, a subsidiary of Litton Industries, under contract to the National Cancer Institute, on the effects of 123 chemical compounds in bioassays on 20,000 mice covering periods of up to eighty-four weeks.

Its management worshipped the super-capitalist ethic, expanding aggressively, milking governments for development contracts, pressuring the assembly for ever more convenient tax breaks, spreading subsidiaries across the Confederation, shafting the opposition at every opportunity.

Bremen and its subsidiary Bremerhaven seemed to meet the American needs, and their control over this zone was adopted.

Subsidiary problems arise from the fact that such new populations may have one or all of various kinds of cohesiveness, that of a people, or of a race, or of a nation, or of a State, or of another Culture.

The army of craftsmen, meteorologists, artists, rhetoricians, futurologists, sun Warlocks, data patterners, intuitionists, vasteners and devasteners, who formed the company and crew of the Solar Array and all its subsidiaries, were flown or radioed away, called to celebrate in the Grand Transcendence.

Upon a majority vote of the stockholders of Markov Enterprises and its subsidiaries, Lindy was hereby removed from her position as secretary of the corporations and directed to turn over any books, records, or memoranda in her possession relating to her duties and obligations in the said terminated capacity.

The Bay Steamship Company, a hastily, set-up subsidiary, chartered 286 merchant ships totalling 1.

Halo, he had started working for the astroengineering giant Miconia Industrial straight after university, qualifying with a degree in business finance, then diversified into subsidiary management, a highly specialized profession, making sure semi-independent divisions retained their corporate identity even though they were hundreds of light-years from Earth.

The Nest of Nests, it is, the great one far in the north, not the subsidiary Nest where Nialli Apuilana had lived during her brief few months of captivity.