wholly-owned subsidiary

created by wonko
(idea) by wonko (1.4 y) (print)   (I like it!) Fri Jan 21 2000 at 19:29:06
A subsidiary that is owned entirely by its parent company. Large companies will often split off small groups into wholly-owned subsidiaries. In addition, it's common for a company to become a wholly-owned subsidiary of another company after being acquired.
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