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Holding Company |
Also found in: Financial, Encyclopedia, Wikipedia, Hutchinson | 0.04 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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mobile carrier, will get a fresh injection of $100 million from one of its parent companies. A local public watchdog group is asking the Lane County tax assessor to investigate whether allegations of price fixing by the parent companies of Hynix might disqualify the local computer-chip plant from enterprise zone property tax breaks. The company has been sharing research and product development space with Solutia, one of its parent companies, in the same business complex where the new facility is being built. |
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