Meaning of “parent company” in the English Dictionary


(Definition of “parent company” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"parent company" in Business English

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parent companynoun [ C ]

uk us also parent FINANCE

a company that owns one or more other companies:

The parent company's stock price has dropped almost by half.
Minnwest is the parent company of five community banks.
The subsidiary has issued shares that are guaranteed by its parent.

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