Outrageously Funny Word Dictionary :: Subsill

👉 Subsidiary, in the context of finance or economics, refers to a financial institution that holds a significant amount of debt or equity for other entities. It is often used in relation to companies or organizations with multiple lines of credit and can be a way for them to secure additional funding. In more general terms, it involves having a controlling interest in another entity, which might include subsidiaries, joint ventures, or alliances. This type of ownership structure allows the principal company to benefit from the equity of

subsill