holding company

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Holding Company

A corporation that limits its business to the ownership of stock in and the supervision of management of other corporations.

A holding company is organized specifically to hold the stock of other companies and ordinarily owns such a dominant interest in the other company or companies that it can dictate policy. Holding companies must comply with the federal antitrust laws that proscribe the secret and total acquisition of the stock of one corporation by another, since this would lessen competition and create a Monopoly.

holding company

n. a company, usually a corporation, which is created to own the stock of other corporations, thereby often controlling the management and policies of all of them.

holding company

a company that controls, usually through a majority shareholding, another company or companies.
References in periodicals archive ?
The real benefit of the expansion of the AJCA provisions to depository holding companies is for existing C corporations, with IRA shareholders, that are considering electing S status.
Some insurers contend, however, that many of the merits achieved by demutualization, including benefit to policyholders, can be enjoyed by mutual holding companies, minus the time and expense associated with the sometimes costly demutualization process.
The discussion on the Federal Reserve System's surveillance program is amended so that it applies only to those bank holding companies that have $1 billion or more in consolidated assets.
By quibbling over the capital requirements for subsidiaries of foreign banks that wish to achieve status as financial holding companies in the United States, the Fed has got the Europeans steamed.
In addition, the agencies must consider changes or reasonably expected changes in the marketplace in which financial holding companies compete, as well as changes or reasonably expected changes in the technology for delivering financial services.
This amount reflects projected balances of cash at the parent level of $423 million, projected balances of cash at qualified holding companies of $75 million and availability under its revolver of $39 million.
Through August 11,365 banking organizations had elected to be treated as financial holding companies.
The regulatory environment for financial holding companies in Taiwan is in a state of flux.
The GLB Act allows financial holding companies--which are bank holding companies whose depository institutions meet specified capital, management, and, for insured institutions, Community Reinvestment Act requirements--to acquire shares, assets, or ownership interests in any type of nonfinancial company.
The Federal Reserve Board on March 13, 2000, announced that the elections to become or be treated as financial holding companies of 117 bank holding companies and foreign banking organizations were effective as of that date.
Among other things, the Bank Holding Company Act and Federal Reserve Regulation Y limit the activities of bank holding companies to activities closely related to banking.