Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “wholly-owned subsidiary”

wholly-owned subsidiary

noun [C]
 
 
FINANCE
a company whose shares are all owned by another company: Under terms of the merger agreement, Learning Co. will become a wholly owned subsidiary of Broderbund. →  See also partly-owned subsidiary
(Definition of wholly-owned subsidiary from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of wholly-owned subsidiary?
Add Cambridge dictionaries to your browser to your website

Word of the Day

ice over

If an area of water ices over, it becomes covered with a layer of ice.

Word of the Day

Let’s celebrate! (words and phrases for parties)

by Kate Woodford,
December 17, 2014
​​​ With Christmas and New Year almost upon us, we thought it a good time to look at the language of parties and celebrations. First, let’s start with the word ‘party’ itself. To have or throw a party or, less commonly, to give a party is to arrange a party: We’re having a

Read More 

cinderella surgery noun

December 15, 2014
cosmetic surgery to the feet We have all heard of people having nose jobs, boob jobs and liposuction – but now a new trend growing in popularity in America: Cinderella surgery.

Read More