controlling company Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “controlling company” in the English Dictionary

"controlling company" in Business English

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controlling companynoun [C]

uk   us   FINANCE
a ​company that ​owns enough ​shares of another ​company for it to ​control its ​management: The Toronto-based ​controllingcompany used its ​majorityvotingstake to ​remove three ​directors from the newspaper’s ​board.
(Definition of controlling company from the Cambridge Business English Dictionary © Cambridge University Press)
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