Definition: A company owned by a parent company or a holding company, also called daughter company or sister company.

Alright class, settle down now, let’s take a look today, At a word that can be tricky, in quite a clever way. We're talking about subsidiaries , it’s true, A concept important for me and you! The dictionary gives the gist, you see, “A company owned by one, for all to agree.” Think of it like this – a big, strong tree, With branches growing, wild and free. That parent company , that’s the main stem bright, Overseeing everything with focused light. The subsidiary then, is a smaller sprout, Growing beneath, without a doubt! Sometimes called a “daughter,” or "sister" too, They work together, tasks they see through. It's like a team, a connected chain, Each playing its part, again and again. So remember this rhyme, it’s simple and clear, Subsidiaries are linked, year after year! Do you have any questions about this concept we've found?