MLchartDataset catalogue

Parent company

Term · Insurance and risk management · MLC-T-INS-002489

A company that owns a controlling interest in another company, known as a subsidiary. This ownership structure means the parent company has the ability to direct the management and operations of the subsidiary. In insurance, the parent company's policies sometimes extend coverage to its subsidiaries, or separate policies may be required for each entity.

Table 1. Record
IdentifierMLC-T-INS-002489
FieldInsurance and risk management
SubjectInterline Coverage
Record as JSON 
{
  "id": "MLC-T-INS-002489",
  "term": "Parent company",
  "field": "Insurance and risk management",
  "definition": "A company that owns a controlling interest in another company, known as a subsidiary. This ownership structure means the parent company has the ability to direct the management and operations of the subsidiary. In insurance, the parent company's policies sometimes extend coverage to its subsidiaries, or separate policies may be required for each entity.",
  "subject": "Interline Coverage",
  "url": "https://mlchart.com/terminology/insurance/parent-company/"
}

Record 2,488 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.