Define: Parent Company

UK Accounting Glossary

Definition: Parent Company


Quick Summary of Parent Company


Company which controls one or more subsidiaries in a group.



What is the dictionary definition of Parent Company?

Dictionary Definition


parent company is a company that owns enough voting stock in another firm to control management and operation by influencing or electing its board of directors. The (child) company is deemed a subsidiary of the parent company.


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Examples of Parent Company in a sentence


Each unit including the parent company has its own, localised management team.

Their parent company, as it now exists, was formed through a series of mergers and acquisitions in the late 1950’s.

The parent company will also discard the Blockbusters name for an undisclosed moniker later this year.

Blockbuster Inc’s parent company, Viacom, owns Mount Pictures.

parent company has a 40% interest in an associated company.

The parent company has issued a legally-binding letter of demands to its subsidiary.

It was destined to be popular, but not quite in the way its parent company intended.

Cultural difficulties highlight another issue which may arise if a parent company is based abroad.


Synonyms For Parent Company


mother company, parent undertaking, holding company, parent companies, mother companies


Cite Term


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Page URL
https://payrollheaven.com/define/parent-company/
Modern Language Association (MLA):
Parent Company. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. February 23, 2020 https://payrollheaven.com/define/parent-company/.
Chicago Manual of Style (CMS):
Parent Company. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/parent-company/ (accessed: February 23, 2020).
American Psychological Association (APA):
Parent Company. PayrollHeaven.com. Retrieved February 23, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/parent-company/

Definition Sources


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

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

This glossary post was last updated: 23rd December 2018.