Definition, Meaning & Synonyms

subsidiary

noun

/səbˈsɪdiˌɛri/

Definition

A subsidiary is a company that is controlled by another company, typically referred to as the parent company.

Examples

The multinational firm has several subsidiaries around the world.
Her role in the subsidiary includes managing the marketing team.
The subsidiary was established to handle the company’s international operations.

Meaning

The term subsidiary refers to an entity that is partially or wholly owned by a larger corporation, allowing the parent company to own multiple businesses across different sectors.