Associate Company

Business, Legal & Accounting Glossary

Definition: Associate Company

Associate Company

Full Definition of Associate Company

A company that has at least twenty percent of its voting stock shares owned by another company, but is not a subsidiary of that company. The policies and actions of an associate company may be controlled to an extent by another company, and the two companies may share management positions to promote uniformity of policies and practices.

Cite Term

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Page URL
Modern Language Association (MLA):
Associate Company. Payroll & Accounting Heaven Ltd.
December 03, 2021
Chicago Manual of Style (CMS):
Associate Company. Payroll & Accounting Heaven Ltd. (accessed: December 03, 2021).
American Psychological Association (APA):
Associate Company. Retrieved December 03, 2021
, from website:

Definition Sources

Definitions for Associate Company are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.