wholly-owned subsidiary Meaning in the Cambridge English Dictionary
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Meaning of “wholly-owned subsidiary” in the English Dictionary

"wholly-owned subsidiary" in Business English

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wholly-owned subsidiarynoun [C]

uk   us   FINANCE
a ​company whose ​shares are all ​owned by another ​company: Under ​terms of the ​mergeragreement, Learning Co. will become a wholly ​ownedsubsidiary of Broderbund.
(Definition of wholly-owned subsidiary from the Cambridge Business English Dictionary © Cambridge University Press)
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