HOLDINGCOMPANY

Holding company

A holding company is a company or firm that owns other companies' outstanding stock. The term usually refers to a company that does not produce goods or services itself; rather, its purpose is to own shares of other companies. Holding companies allow the reduction of risk for the owners and can allow the ownership and control of a number of different companies. In the United States, 80% or more of stock, in voting and value, must be owned before tax consolidation benefits such as tax-free dividends can be claimed.

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holding company

Noun

  1. A company whose main purpose is to own shares of other companies as opposed to producing goods and services.


The above text is a snippet from Wiktionary: holding company
and as such is available under the Creative Commons Attribution/Share-Alike License.

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