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

Word History and Origins

Origin of parent company¹

First recorded in 1865–70

Example Sentences

In April, Biden signed a law passed by Congress that would require TikTok’s Chinese parent company, ByteDance, to divest its ownership of TikTok by Jan. 19 or face a ban in the U.S. due to security concerns about the app’s ties to China.

From Los Angeles Times

“If you get rid of TikTok, Facebook and Zuckerschmuck will double their business,” Trump wrote on Truth Social in March, referring to Mark Zuckerberg, the CEO of Facebook’s parent company, Meta.

From Los Angeles Times

Kent Walker, chief legal officer at Google and its parent company, Alphabet, in a blog post called the government’s proposal a “radical interventionist agenda that would harm Americans and America’s global technology leadership.”

From Los Angeles Times

For Lord Prescott, the matter was personal - his lawyers alleged the News of the World had placed him under surveillance, and in 2012 he won a pay out from the paper's parent company, News International.

From BBC

For Lord Prescott, the matter was personal - his lawyers alleged the News of the World had placed him under surveillance, and in 2012 he won a pay out from the paper's parent company, News International.

From BBC