Parent company

Parent company
A company is the parent company of any subsidiaries it owns or controls.
A parent company is required to publish group accounts that consolidate the results of its subsidiaries and associates.

Parent company
A company that retains control over one or more other companies.
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parent company
Dictionary: parent company
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Parent Company
Company that has a controlling interest in the COMMON STOCK of another.

Parent company - 1. owner of a subsidiary company. Or 2. a holding company that is not engaged in a trade or business.

Parent company
A company that owns - ie has more than 50 per cent of the voting rights in - one or more businesses (known as subsidiaries).

parent company's support for subsidiary's loan a letter from the parent company of a subsidiary that is applying for a loan, stating the intention that the subsidiary should remain in business
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Parent company
A parent company is a corporation that owns a controlling interest in another corporation (usually more than 50% of the voting stock is required).
Parent-company theory of consolidation ...

Parent Company
A company that controls other companies by owning an influential amount of voting stock.

A parent company establishes a wholly owned captive insurance company in a taxable foreign country.

As long as the parent company has more than 50% of the voting stock in the subsidiary, it has control.

Sam's Club, its parent company, Wal-Mart, and its main competitor, Costco, Inc., belong to a group of nationwide chain stores commonly referred to as "big-box" retailers; these big-box stores offer a wide range of products and have immense dimensions.

One company, the parent company, owns stock in one or more companies called subsidiaries.
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A subsidiary whose parent company owns virtually 100% of its common stock.
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Shareholders of the parent company would normally receive a proportionate number of shares in the new entity. If the parent company decides to sell only a minority stake in the business, the exercise is called a partial spin-off. [1] ...

Parent company A company that controls subsidiaries through its ownership of voting stock, as well as runs its own business. Paris Bourse National stock market of France.

Captive finance companyA company, usually a subsidiary that is wholly owned, whose main function is financing consumer purchases from the parent company. CaputAn exotic option. It represents a call option on a put option.

parent company A firm that owns enough voting stock in another firm to control management and... Parent Loans for Undergraduate Students Abbreviated as PLUS, refers to a non-need-based loan made to the parents of...

See: Subsidiaries, parent company. Affiliated corporation A corporation that is an affiliate to the parent company.

If a loan is with recourse, the lender has a general claim against the parent company if the collateral is insufficient to repay the debt. Red herring A preliminary prospectus containing information required by the S.E.C..

Back to top Green Field Investment A form of foreign direct investment where a parent company starts a new venture in a foreign country by constructing new operational facilities from the ground up.

SHAREHOLDER ACTIVITY An activity which is performed by a member of an MNE group (usually the parent company or a regional holding company) solely because of its ownership interest in one or more other group members, i.e.

Foreign currency translation The process of restating foreign currency accounts of subsidiaries into the reporting currency of the parent company in order to prepare consolidated financial statements.

GSE is the parent company of “Gestore dei Mercati Energetici S.p.A.' (GME) and of “Acquirente Unico S.p.A.' (AU). For more information, visit the following websites: ...

A consolidated financial statement presents the financial position or results of a parent company and its subsidiaries as if it were a single enterprise.

This definition can sometimes be extended to include some of the risks of the parent company's customers. In short, it is an in-house self-insurance vehicle.

One day after Bridgestone (Firestone's Japan-based parent company) announced the recall of the defective tires, Bridgestone's stock price dropped nearly 20 percent; ...

Shareholders of the parent company receive stock in the new company based on an evaluation established for the new entity. in addition, they continue to hold stock in the parent company.The motives for spin-offs vary.

A Branch is an extension of its parent company, effectively an overseas company trading in the UK. Contracts are between the overseas company and its UK customers, employees, etc.

Waldo Industries, the parent company of Waldo's TexMex Taco World, is making plans to expand its franchises. Marketing studies show that people are ripe and ready for Waldo's Super Deluxe TexMex Gargantuan Tacos beyond the confines of Shady Valley.

This appears on consolidated financial statements where the parent company's figures are combined with those of its subsidiaries.

The separation of a subsidiary or division of a corporation from its parent company by issuing shares in a new corporate entity.

The New York Board of Trade is the parent company of the Coffee, Sugar and Cocoa Exchange and the New York Cotton Exchange. In January 2007, InterContinental Exchange (ICE) acquired NYBOT, which is now known as ICE Futures U.S.

All of the subsidiary's assets and liabilities are combined in the consolidated financial statements, even if the parent company does not own 100% of a subsidiary's stock.

Shareholders of the parent company receive shares in the new company on a pro rata basis, and new investors also may purchase shares in the new company in an offering associated with the spinoff.

Enterprise - Aggregation of all establishments owned by a parent company. An enterprise can consist of a single, independent establishment or it can include subsidiaries or other branch establishments under the same ownership and control.

The accounts of the Group which include the accounts of the parent company and its subsidiaries.
Covenants
Covenants are pre-established financial ratios that ALSTOM must maintain compliance with to respect financing agreements with its lenders.

A corporation that is an affiliate to the parent company.
Affiliated person
An individual who possesses enough influence and control in a corporation to be able to alter the actions of the corporation.

A bond issue where a third party (e.g. parent company) guarantees the fulfilment of the terms of the issue
Français: Obligation garantie
Español: Obligación garantizada
Guaranteed credit: ...

third party loan guarantees: A parent company or other third party may be contractually bound to meet the obligations of one party should that party default.

The London Stock Exchange allows companies offering shares to the public to set aside a portion of the issue for applications from employees and, where a parent company is floating off a subsidiary, from shareholders of the parent company.

Franchising - A parent company grants another independent entity the privilege to do business in a pre-specified manner, including manufacturing, selling products, marketing technology and other business approach.

If you own tracking stock, you actually are invested in the parent company, since it continues to own the division that's being tracked, though typically you have no shareholder's voting rights in the corporation.

Keepwell Agreement - A contract between a parent company and its subsidiary to maintain solvency and financial backing throughout the term set in the agreement.

INDIRECT MANAGEMENT COSTS - Expenses in a budget of a real estate agency or parent company the are part...
INDIRECT METHOD - Reporting in the statement of cash flow that adjusts or reconciles net income to cash...

Korean term for a conglomerate of many companies clustered around one parent company. The companies usually hold shares in each other and are often run by one family. Similar to the keiretsu in Japan.

Affiliated corporation
A corporation that is an affiliate to the parent company.
Affiliated person
An individual who possesses enough influence and control in a corporation as to be able to alter the actions of the corporation.

A captive finance company is a commercial entity that's wholly owned by another company, and whose business purpose is solely to finance customer purchases of the parent company's product.

A combination of the financial statements of a parent company and its subsidiaries, presenting the financial position of the group as a whole.
Consolidation
See Reverse Split.

Recourse
Term describing a type of loan. If a loan is with recourse, the lender has a general claim against the parent company if the collateral is insufficient to repay the debt.
Nonrecourse
Without recourse, as in a non-recourse lease.

News Corp. COO Peter Chernin discusses how MySpace has influenced its parent company's business model, and vice-versa. more
News Corp. on a mobile quest ...

Affiliated Corporation definition :
A corporation that is an affiliate to the parent company.
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By acquiring enough voting stock in another company, a holding company, also called a parent company, can exert control over the way the target company is run without actually owning it outright.

A company may own most, but not all, of a subsidiary company. That portion of ownership that the parent company doesn't possess is listed on the parent's balance sheet as minority interest.
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Wholly owned subsidiary
A subsidiary whose parent company owns virtually 100% of its common stock.

Affiliates
Business organizations or individuals that control each other or are controlled by a third party (i.e., a parent company). Affiliates may share such things as management staff, employees, facilities, and/or equipment.

A financial statement that shows all the assets, liabilities, and operating accounts of a parent company and its subsidiaries.
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Personal Finance Glossary ...

Originating residential mortgages and funding them with deposits is a business that generates high-quality assets for their parent company Maple Financial Group Inc.

A guaranty of a loan to a borrowing entity when the guarantor is a parent company or stockholder of the borrowing entity.
downward sloping yield curve ...

Spin-Off A newly created company that used to be part of a parent company. Parent company shareholders receive a pro rata ownership in the new company.

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