Agglomeration refers to the accumulation into a single entity, such as a holding company, of several diverse and unrelated activities. Conglomerate companies often embody this concept.
A group company is a term referring to an organization that is either a subsidiary undertaking or a holding company within a larger conglomerate.
In the USA, a guaranteed bond is issued by one party with payment guaranteed by another party. This often involves a subsidiary undertaking issuing the bond while the holding company guarantees the payment.
A holding company is a type of corporation that owns other companies' outstanding stock. Its primary purpose is to own shares of other companies to form a corporate group.
A holding company is an entity that owns other companies' outstanding stock. It typically doesn't produce goods or services itself, instead, its purpose is to own shares of other companies to form a corporate group.
An immediate holding company has a controlling interest in another company but is itself controlled by a third company, commonly known as the holding company. It plays a key role in corporate structure and governance.
An intermediate holding company is a corporate entity that functions as both a holding company for a group of companies and as a subsidiary of a larger parent company. This dual role allows it to qualify for specific exemptions from publishing consolidated financial statements.
Minority interest, also known as non-controlling interest, represents the shareholding of individual shareholders in a company where more than 50% is owned by a holding company. These shareholders are entitled to profits in the form of dividends but do not have significant influence over company policies.
The primary auditor is the main auditor responsible for the audit opinion on a holding company's consolidated financial statements.
Severe long-term restrictions impede a holding company's ability to exercise its rights over the assets or management of a subsidiary undertaking. Such restrictions are grounds for excluding a subsidiary from consolidation and treating it as a fixed-asset investment.
An ultimate holding company, also known as an ultimate parent company, is a company that holds a dominating position over a group of firms, including those subsidiaries that act as immediate holding companies for their own subsidiaries.
A wholly owned subsidiary is a company whose entire stock is owned by another company, known as the parent company or holding company. This structure provides the parent company with complete control over the subsidiary.
