Subsidiary: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Update.) |
imported>Doug Williamson (Add heading.) |
||
(One intermediate revision by the same user not shown) | |||
Line 1: | Line 1: | ||
1. | 1. ''Accounting - noun''. | ||
''Accounting''. | |||
Abbreviation for subsidiary undertaking. | Abbreviation for subsidiary undertaking. | ||
Line 10: | Line 8: | ||
2. | 2. ''Adjective.'' | ||
Of lesser importance. | Of lesser importance or lesser authority. | ||
Line 21: | Line 19: | ||
* [[Holding company]] | * [[Holding company]] | ||
* [[Parent company]] | * [[Parent company]] | ||
* [[Primary]] | |||
* [[Secondary]] | |||
* [[Strategic business unit]] | * [[Strategic business unit]] | ||
* [[Subsidiary undertaking]] | * [[Subsidiary undertaking]] | ||
* [[Subsidiarity]] | * [[Subsidiarity]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] |
Latest revision as of 19:59, 26 December 2022
1. Accounting - noun.
Abbreviation for subsidiary undertaking.
A parent undertaking has a subsidiary undertaking - for accounting purposes - if it has control over the other entity.
The subsidiary is the entity (usually a company) which is controlled by the parent undertaking (also known as the group holding company).
2. Adjective.
Of lesser importance or lesser authority.