affiliated company Definition | Business Dictionaries from AllBusiness.com
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Business Definition for: affiliated company
affiliated company

entity holding less than a majority of the voting common stock of another related company, or in which both companies are subsidiaries of a third company. Often the same management oversees and operates both companies. Interrelationships exist between the activities of the entities.

affiliated company

In general: two companies are affiliated when one owns less than a majority of the voting stock of the other, or when both are subsidiaries of a third company.Banking: organization that a bank owns or controls by stock holdings, or which the bank's shareholders own, or whose officers are also directors of the bank.

Copyright © 2005, 2000, 1995, 1987 by Barron's Educational Series, Inc., Reprinted by arrangement with Publisher.
Copyright © 2007, 2000, 1997, 1987, by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.

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