related company Meaning in the Cambridge English Dictionary
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Meaning of “related company” in the English Dictionary

"related company" in Business English

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related companynoun [C]

uk   us  
FINANCE, WORKPLACE a ​company that ​controls or is ​controlled by another ​company, often one that is in the same ​businessgroup: Many ​small family ​companies have ​grown into enormous ​conglomerates with dozens of ​relatedcompaniesspread throughout the ​world. Non-executive ​directors could not be seen as ​independent if, in the past three ​years, they had a ​businessrelationship with a ​relatedcompany.
(Definition of related company from the Cambridge Business English Dictionary © Cambridge University Press)
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