subsidiary subsidiary  /səb ˈsɪ di ˌɛ ri/

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

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.

News

  1. Catholic Health Initiatives Selects QuadraMed, a Subsidiary of Constellation Software's Harris Subsidiary, for Data ...

    N. Harris Computer Corporation , a subsidiary of Constellation Software Inc. is pleased to announce that Catholic Health Initiatives has selected QuadraMed Corporation, a wholly-owned subsidiary of Harris, ...
    on June 22, 2013     Source: Marketwired via Yahoo! Finance

  2. Connecticare subsidiary wins CT health management contract

    A new subsidiary unit of Farmington insurer Connecticare has won a three year contract to help state employees better manage their health.
    on June 21, 2013     Source: Hartford Business Journal

  3. DynaResource, Inc.'s 100 % Owned Subsidiary Acquires the Rights to Finance, Explore, Develop and Exploit the San Jose ...

    -- DynaResource, Inc. is pleased to announce that its 100 % owned subsidiary, Mineras de DynaResource S.A. de C.V. has entered into an Exploitation Amendment Agreement with DynaResource de Mexico S.A. ...
    on June 21, 2013     Source: Marketwired via Yahoo! Finance

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

Word of the Day
cursory cursory
/ˈkɜr sə ri /