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Simple English definitions for legal terms

Subsidiary

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A quick definition of Subsidiary:

A subsidiary is a company that is controlled by another company. This means that the parent company owns more than half of the subsidiary's shares and has the power to make important decisions for the subsidiary. Think of it like a big brother or sister who has a say in what their younger sibling does.

A more thorough explanation:

A subsidiary is a company that is controlled by another company. The controlling company owns more than half of the subsidiary's shares, which gives it the power to make important decisions about the subsidiary's operations.

For example, if Company A owns 60% of the shares of Company B, then Company B is a subsidiary of Company A. Company A can make decisions about Company B's finances, management, and other important matters.

Another example is Disney, which owns many subsidiaries such as Pixar, Marvel, and Lucasfilm. Disney has controlling shares in these companies, which allows it to make decisions about their operations and strategies.

These examples illustrate how a subsidiary is a separate legal entity that is controlled by another company. The controlling company has the power to make important decisions about the subsidiary's operations, but the subsidiary still operates as a separate business.

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Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
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