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 ?
But the parent companies had no duty to conduct safety studies of breast implants and never conducted any such studies, the court said.
SAS AB currently neither owns nor controls any of the shares in the Parent Companies.
SAS AB is a newly created Swedish limited liability company that is currently owned by the Parent Companies.
Both parent companies think that HPJ has successfully completed its original mission and that now is the right time for it to move into the new era with renewed spirit.
In return, this move will be a strong accelerator for the performance of both parent companies.
In anticipation of the establishment of the new joint venture, management in the parent companies will immediately start planning the integration process.
The MGAs write business only on FMI's policy forms, and the three parent companies have 100% ownership and underwriting control of their respective agency operations.
The basis of FMI's rating, along with its capitalization, is the combination of its own shareholder's surplus of GBP 35 million and its three American parent companies, which reinsure and guarantee 91% of all business placed with FMI.