MLchartDataset catalogue

Subsidiary

Term · Law · MLC-T-LAW-004742

A company controlled by another company through ownership of a majority of its voting stock. This control allows the controlling entity to direct the subsidiary's operations and management. Financial reporting often consolidates the assets and liabilities of the subsidiary with those of the controlling entity.

Table 1. Record
IdentifierMLC-T-LAW-004742
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-004742",
  "term": "Subsidiary",
  "field": "Law",
  "definition": "A company controlled by another company through ownership of a majority of its voting stock. This control allows the controlling entity to direct the subsidiary's operations and management. Financial reporting often consolidates the assets and liabilities of the subsidiary with those of the controlling entity.",
  "url": "https://mlchart.com/terminology/law/subsidiary/"
}

Record 4,838 of 5,441 in Law terminology (MLC-0107). Request the full dataset.