partly-owned subsidiary

partly-owned subsidiary
partly-owned subsidiary partly-owned subsidiary subsidiary1

* * *

partly-owned subsidiary UK US noun [C] FINANCE
a company of which some of the shares are owned by a larger company: »

It is a partly-owned subsidiary of the largest telecommunications company in Canada.

Compare WHOLLY-OWNED SUBSIDIARY(Cf. ↑wholly-owned subsidiary)

Financial and business terms. 2012.

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