Meaning of the word "parent company" in English
What does "parent company" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
parent company
US /ˈper.ənt ˈkʌm.pə.ni/
UK /ˈpeə.rənt ˈkʌm.pə.ni/
Noun
a company that owns more than 50% of the voting stock of another company (its subsidiary)
Example:
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Google is the parent company of YouTube.
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The acquisition was approved by the parent company's board of directors.
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