Meaning of “cross-holding” in the English Dictionary


"cross-holding" in Business English

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cross-holdingnoun [ C or U ]

uk us also cross-shareholding

FINANCE a situation in which two companies hold shares in each other, or the shares that are held:

The Italian Stock Exchange has provided guidance on the rules governing cross-holdings involving at least one listed company.
The company has a cross-holding of 8% in Tower plc.

(Definition of “cross-holding” from the Cambridge Business English Dictionary © Cambridge University Press)