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societa detentrice

English translation: holding company

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Italian term or phrase:societa detentrice
English translation:holding company
Entered by: Melissa Stanfield
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03:30 Apr 1, 2007
Italian to English translations [PRO]
Law/Patents - Finance (general) / Accounting Manual
Italian term or phrase: societa detentrice
This appears in a table of five classification headings under a hypothetical description of a group of companies. The other four headings are:
partecipazioni in controllate
" " in collegate
" " in controllanti
" " in altre imprese

I can understand the concept but can't find the appropriate terminology.
Thanks in advance :)
Melissa Stanfield
Australia
Local time: 14:31
holding company
Explanation:
It is the company which "holds" owns interests in:
subsidiaries (+50%)
associates (30-49%)
parent companies (company which owns 50+% of the company in question, weird situation but it happens, you own part of your owner)
other companies
in that order
Selected response from:

James (Jim) Davis
Seychelles
Local time: 08:31
Grading comment
thank you :)
4 KudoZ points were awarded for this answer

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Summary of answers provided
4 +1holding company
James (Jim) Davis


Discussion entries: 4





  

Answers


42 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
holding company


Explanation:
It is the company which "holds" owns interests in:
subsidiaries (+50%)
associates (30-49%)
parent companies (company which owns 50+% of the company in question, weird situation but it happens, you own part of your owner)
other companies
in that order


James (Jim) Davis
Seychelles
Local time: 08:31
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 4482
Grading comment
thank you :)

Peer comments on this answer (and responses from the answerer)
agree  Ivana UK
1 day4 hrs
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