subsidiary adjective - definition in the Business English Dictionary - Cambridge Dictionaries Online (US)

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English definition of “subsidiary”

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subsidiary

adjective
 
 
/səbˈsɪdiəri/ US   /səbˈsɪdieri/
FINANCE owned or controlled by another company: a subsidiary bank/business/outlet The company yesterday said its strategy is to grow subsidiary businesses for future sale.
used to describe something less important than something else, with which it is connected: Psychometric tests used at interview are not always accurate and only provide subsidiary information.subsidiary to sth The group wants the protocol to be subsidiary to the WTO.
(Definition of subsidiary adjective from the Cambridge Business English Dictionary © Cambridge University Press)
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