Parent company
Meaning in business english, with examples
In business english, parent company means: A company that owns or controls one or more other companies, which are called its subsidiaries.
In Turkish: ana şirket, çatı şirket
How it is used
Used to explain who owns whom: 'Our parent company is based in Japan', 'the group's parent company'. A parent company may run its own business or simply hold shares, in which case it is often called a holding company.
Example sentences
Investment decisions above 1 million dollars are made by the parent company.
We're a subsidiary, so our results are included in the parent company's report.
Common collocations
- parent company of
- owned by the parent company
- parent company in Germany
- parent and subsidiary
Related terms
More terms: Company Structure
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