Posts Tagged ‘parent company’

A Parent Company is…

Tuesday, October 20th, 2009

A parent company is a company that owns a smaller company, called a subsidiary. The parent company can exercise some control over the subsidiary but also provide it benefits, much like a parent does with their children. When you’re a kid, your parents might give you a curfew, but they also do things like buy you food and clothes. Fortunately for kids, however, parents can’t liquidate their children for cash!