wholly-owned subsidiary
subsidiary
adjective
uk /səbˈsɪdiəri/ us /səbˈsɪdieri/
FINANCE
owned or controlled by another company:
a subsidiary bank/business/outletThe 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 sthThe group wants the protocol to be subsidiary to the WTO.

Examples of subsidiary

subsidiary
As is illustrated in figure 2, locally-owned subsidiaries are spread over both states and are further removed from the central urban node.
Meanwhile, in absolute terms, the output of novel and staid academic subsidiaries continued to search for markets.
Industry, on the contrary, underwent enormous difficulties due to the crisis in sectors related to alimentary industries and subsidiaries, milling, canning, timber industries.
The subsidiaries in oil refining, shipping, automobiles, and air transport were faced with losses and high interest expenses through 1995-98.
In 2001, recovery was swift after completing their debt restructuring in 2000, and selling some of their subsidiaries, including those in coal mining and chemicals.
Most of the factories built with the subsidies were subsidiaries of major corporations.
Both countries' economies are dominated by these large, vertically integrated corporations whose subsidiaries are dependent on each other and whose developments were financed by targeted government assistance policies.
Many multinationals began to sell off subsidiaries.
1991, a further 79 subsidiaries were captured.
Recognising the above, 75 percent of the 96 firms replying to the survey used their political affairs division as a form of peak organisation to co-ordinate political control over subsidiaries.
The number of clinics, including subsidiaries to main clinics, is 470.
From the
Hansard archive