Meaning & Definition of word "Subsidiary"

Subsidiary

/səbˈsɪd.ɪ.əri/

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.

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.

●Late Middle English: from Latin subsidiarius, from subsidium ‘support’.

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.

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.

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.