Glossary entry (derived from question below)
English term or phrase:
subsidiaries and affiliates
English answer:
definitions
Added to glossary by
Kim Metzger
Feb 27, 2005 01:52
19 yrs ago
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English term
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subsidiaries¡¯ and affiliates¡¯
English
Bus/Financial
Business/Commerce (general)
for your subsidiaries¡¯ and affiliates¡¯ business purposes
What is the difference between subsidiary and affiliate?
TIA!
What is the difference between subsidiary and affiliate?
TIA!
Responses
+2
4 mins
Kim Metzger
Mexico
Mexico
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English
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Mexico
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68
English term (edited):
subsidiaries�� and affiliates��
Selected
definitions
Here's what I found. I don't know if it will answer your question, though.
Affiliate
Two companies are affiliated when one owns less than a majority stake of the other, or when both are subsidiaries of a third company. Or, generally, any association between two companies that is short of a parent-subsidiary tie. See subsidiary.
Subsidiary
A company of which more than 50% of its voting shares are owned by another corporation, called the parent company. Compare with affilliate.
http://university.smartmoney.com/glossary/glossary.cfm?term=...
Affiliate
Two companies are affiliated when one owns less than a majority stake of the other, or when both are subsidiaries of a third company. Or, generally, any association between two companies that is short of a parent-subsidiary tie. See subsidiary.
Subsidiary
A company of which more than 50% of its voting shares are owned by another corporation, called the parent company. Compare with affilliate.
http://university.smartmoney.com/glossary/glossary.cfm?term=...
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Comment: "Thanks!"
+2
4 mins
English term (edited):
subsidiaries�� and affiliates��
a subsidiary is a company completely controlled by another
whereas an affiliate is usually only partially controlled by another company or may not be controlled (financially) at all but does have business ties
5 mins
Alaa Zeineldine
Egypt
Egypt
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English
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The best in IT ... and in Automotive
Native in: Arabic , English
Works in: English to Arabic, Arabic to English, English, and 1 more.
English term (edited):
subsidiaries�� and affiliates��
one is owned, the other is a partner
A subsidiary is a company that is owned or largerly owned by a parent company. An affiliate is a type of partnership where the affiliate would be acting as an agent for the "senior" company with respect to a certain product or service.
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