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parent company

noun

  1. a corporation or other business enterprise that owns controlling interests in one or more subsidiary companies ( holding company ).


parent company

noun

  1. a company that owns more than half the shares of another company
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word History and Origins

Origin of parent company1

First recorded in 1865–70
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Example Sentences

The band's manager Brian Epstein and Capitol's parent company EMI managed to change the label's minds and on Boxing Day 1963, about a month after Kennedy's assassination, the single hit America's stores.

From BBC

Snapchat's parent company Snap Inc. said it routinely saves suspected illegal content and makes it available to authorities upon request.

From BBC

“We’re obviously very pleased with where we are but the job’s not done yet. We still have two games ahead of us to reach our ultimate goal,” said Dan Beckerman, the president and CEO of AEG, the Galaxy’s parent company, and the man who hired Kuntz.

Uniqlo is facing an online backlash in China after the boss of its parent company said the Japanese clothing retailer does not source cotton from Xinjiang.

From BBC

In September, China's commerce ministry launched an investigation into the parent company of Calvin Klein and Tommy Hilfiger, PVH, saying it was suspected of "unjustly boycotting" Xinjiang cotton and other products "without factual basis".

From BBC

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