Another Word For Subsidiary

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Meaning

The word "subsidiary" refers to a company that is controlled or partially owned by another larger company, known as the parent company. This smaller company operates independently but relies on the parent company for guidance, resources, or financial support. Additionally, "subsidiary" can also describe something that is secondary or supplementary in nature, not the main focus or part of a hierarchy.

Synonyms

Antonyms

Etymology

The word "subsidiary" originates from the Latin word "subsidiarius," which means "serving to assist." This is based on "subsidium," meaning "assistance" or "support." The term has evolved in English to describe a business relationship where one company supports or is secondary to another.

Examples

  1. The multinational corporation has several subsidiaries in different countries to manage local operations more effectively.
  2. Our new marketing strategy will focus primarily on our main product, although our subsidiary offerings will still play a role.
  3. The subsidiary company received funding from its parent company to expand its product line.
  4. Many businesses establish subsidiaries to enter new markets with a reduced risk.
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