| 单词 | holding company |
| 释义 | holding company holding company noun [C]
(Finance ) a company that is formed to buy shares in other companies which it then controls: Electro Investments is the holding company of/for the group. The group consists of a holding company and three subsidiaries. The plan was to set up a holding company under which the two banks would operate separately. ⇨ HOLDING (3), PARENT COMPANY
WHICH WORD?
holding company/parent company
Both words are used about companies that own other companies (called subsidiaries).
Parent company is more common when referring to a company that is the main owner of a subsidiary and operates in the same type of business: Citigroup, the parent company of Citibank.
Holding company often describes a company that owns shares in different types of businesses and may or may not carry out its own business activities: The holding company owns 25% of each of the regional banks. • Zest Ventures is a holding company for the family's publishing and property interests. See note at GROUP
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