Definition, Meaning & Synonyms
subcompany
Noun
/sʌbˈkʌmpəni/
Definition
A company that is controlled by a larger parent company.
Examples
- Tech Innovations, a subcompany of Global Enterprises, has launched a new product line.
- Many subcompanies focus on niche markets to maximize their growth potential.
Meaning
A subcompany operates as a distinct entity but is part of a larger organization, usually serving specific purposes or markets.
Synonyms
- Subsidiary
- Branch
- Division
