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Holding Company |
Also found in: Financial, Encyclopedia, Wikipedia, Hutchinson | 0.02 sec. |
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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. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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The Lakewood, NJ based real estate holdings company, WK Holdings, LLC recently purchased The Ashley of Spring Valley multi-family apartment community, Altamonte Springs, Florida from CNC Investments for $20 million. Los Angeles, was acquired by Folksamerica Holdings Company Inc. TAIPEI, Taiwan -- Teradata, a division of NCR Corporation (NYSE:NCR), announced today that Hua Nan Financial Holdings Company (HNFHC) has selected the Teradata[R] Warehouse as its business analytics and decision-making foundation to enhance enterprise intelligence. |
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