Meaning & Definition of word "Subsidiary"
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Subsidiary
/səbˈsɪd.ɪ.əri/
noun:
- 1. A company controlled by a parent company.
- Example: The multinational corporation acquired several subsidiaries to expand its market reach.
- 2. A thing that is of secondary importance to another.
- Example: In the war of ideas, art served as a subsidiary means of communication.
adjective:
- 1. Belonging to or connected with a parent company.
- Example: The subsidiary branch of the bank focuses on investment services.
- 2. Less important than something else.
- Example: The subsidiary concerns of the project were addressed after tackling the primary issues.
Etymology
Late Middle English: from Latin subsidiarius, from subsidium ‘support’.
Common Phrases and Expressions
subsidiary company:
A company that is controlled by another company.
subsidiary legislation:
Laws enacted under the authority of a parent law.
subsidiary rights:
Rights associated with a primary work, such as adaptations.
Related Words
parent company:
A company that controls one or more subsidiaries.
conglomerate:
A large corporation that owns multiple subsidiaries and operates in different industries.
holding company:
A company that exists primarily to own shares of other companies.
Slang Meanings of subsidiary
Meaning: Sub
Example Sentence: The bigger company just bought a new sub in the tech sector.
Meaning: Little bro
Example Sentence: This app is the little bro to the main software suite.