subsidiary

(eg. music, hindu, flower )

subsidiary  /səb ˈsɪ di ˌɛ ri/ ? Meaning of "subsidiary"

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Definition(s):

  1. (n) an assistant subject to the authority or control of another
  2. (n) a company that is completely controlled by another company
  3. (adj) functioning in a supporting capacity

Synonym(s)

foot soldier, subordinate, underling, auxiliary, supplemental, supplementary

Usage(s):

  1. Gulf Oil, the only known American participant, was represented through a Canadian subsidiary.
  2. Two years ago, a Nokia subsidiary called Vertu introduced the world's first luxury cell phone.
  3. On the agenda was the awarding of an up to $7 billion deal to a subsidiary of Houston-based conglomerate Halliburton to restore Iraq's oil facilities.

Quotes

  1. "These payments were all made to individuals in the subsidiary whose performance led to crushing losses and the near failure of AIG," Cuomo said in a letter today to Rep. Barney Frank (D-Mass.), chairman of the House Financial Services...
    on Mar 17, 2009 By: Andrew Cuomo Source: Washington Post

  2. "The Supreme Court has long held that an exercise of this power is valid, even if it has a regulatory function, even if the revenue purpose is subsidiary, and even if the moneys raised are 'negligible,'" wrote a team of government lawyers led by...
    on Jun 17, 2010 By: Bill McCollum Source: The Associated Press

  3. "I am optimistic that the future of the subsidiary (Opel) can function without government aid," Bruederle said, adding that it was GM's responsibility to see to it that its subsidiary is swiftly restructured.
    on Jun 9, 2010 By: Rainer Brüderle Source: CTV.ca

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