Subsidiary | Practical Law

Subsidiary | Practical Law

Subsidiary

Subsidiary

Practical Law Glossary Item 5-383-2228 (Approx. 2 pages)

Glossary

Subsidiary

In the context of finance transactions and with respect to any person, any company, partnership, or limited liability company at least 50% of the outstanding voting stock (or comparable ownership interest) of which is owned, directly or indirectly, by such person or by one or more subsidiaries of such person.