affiliate

A business organization that shares some aspect of common ownership or control with another business organization. American Banker Glossary

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Relationship between two companies when one company owns substantial interest, but less than a majority of the voting stock of another company, or when two companies are both subsidiaries of a third company. Bloomberg Financial Dictionary

See: subsidiary, parent company. Bloomberg Financial Dictionary

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▪ I. affiliate af‧fil‧i‧ate ¹ [əˈfɪlit] noun [countable] ORGANIZATIONS

a small company or organization that is connected with or controlled by a larger one:

• Fuji Xerox Co., the Japanese affiliate of Xerox Corp

  [m0] ▪ II. affiliate af‧fi‧li‧ate ² [əˈfɪlieɪt] verb [intransitive, transitive]

if a group or organization affiliates to or is affiliated to a larger one, it is connected with it or controlled by it:

affiliate to

• The company is affiliated to the giant Sumitomo group.

• Student associations almost all affiliate to the National Union of Students.

— affiliated adjective :

• a complicated network of affiliated companies

• Most local TV stations are affiliated with one of the major networks.

— affiliation noun [uncountable] :

• its affiliation to the industry federation

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   Two companies are affiliated when one owns less than a majority of the voting stock of the other or if both are subsidiaries of a third company.

   ► See also Associate, Subsidiary.

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Ⅰ.

affiliate UK US /əˈfɪliət/ noun [C]

► an organization that is officially connected with or controlled by another, usually larger, organization: »

The study estimates that the school and its affiliates generate employment of 52,459 workers.

»

The company has sold its affiliate marketing business.

Ⅱ.

affiliate UK US /əˈfɪlieɪt/ verb [T, usually passive]

● be affiliated with/to sth — Cf. be affiliated with/to sth