Meaning of “associated company” in the English Dictionary

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"associated company" in Business English

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associated companynoun [ C ]

uk us plural associated companies also associate company

WORKPLACE a company in which another company has a stake of between 20% and 50% (= owns this percentage of its shares):

In the parent company's own balance sheet, the investment in the associated company should be shown at cost.

(Definition of “associated company” from the Cambridge Business English Dictionary © Cambridge University Press)