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English definition of “cross-holding”

cross-holding

noun [C or U]
 
 
( 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)
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