Related Words

Parent Company: A company that owns another company.

Subsidiary Company: A company owned or controlled by another company, known as the parent company.

Holding Company: By acquiring enough voting stock in another company, a holding company, also called a parent company, can exert control over the way the target company is run without actually owning it outr . . . View Full Definition

Intercompany Transaction: Loan made by one unit of a corporation to another unit of the same corporation.

National Grandparents Day: The first Sunday after Labor Day has been declared National Grandparents Day in the United States. The proclamation for the holiday was signed by President Jimmy Carter in 1978. The Septembe . . . View Full Definition

Parental Lockout: Parental Lockout allows users to set a password to control access to programming based on channel, rating or content.

Parental Leave: A benefit designed to provide employees with approved paid or unpaid time off following the birth or adoption of a child or to care for a dependent.

Parent or caretaker: Person responsible for the care of the child.

Parent Element: A radioactive element that spontaneously decays into a new substance. The product of this decay is known as a 'daughter' element.

Mutual Company: A mutual company is a privately held company owned by its policyholders, depositors, or other customers. A share of the profits is distributed as dividends, allocated in proportion to the am . . . View Full Definition