HOLDING COMPANY
\hˈə͡ʊldɪŋ kˈʌmpəni], \hˈəʊldɪŋ kˈʌmpəni], \h_ˈəʊ_l_d_ɪ_ŋ k_ˈʌ_m_p_ə_n_i]\
Definitions of HOLDING COMPANY
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By DataStellar Co., Ltd
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A business organization that lets a firm and directors to control other firms. Venturing outside of the core happens in certain conditions for tax benefit and loss sharing. Sometimes a majority must be owned of shares others its just 5%.
By Henry Campbell Black
Word of the day
tinctura quininae ammoniata
- A preparation made by dissolving quinin sulphate in alcohol [Br. Ph.].