Unconsolidated Subsidiary

Business, Legal & Accounting Glossary

Definition: Unconsolidated Subsidiary

What is the dictionary definition of Unconsolidated Subsidiary?

Dictionary Definition

An unconsolidated subsidiary is an undertaking that, although being a subsidiary undertaking of a group , is not included in the consolidated financial statements of the group.

Full Definition of Unconsolidated Subsidiary

An unconsolidated subsidiary is a company that is owned by a parent company, but whose individual financial statements are not included in the consolidated or combined financial statements of the parent company to which it belongs.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Unconsolidated Subsidiary. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. July 14, 2020 https://payrollheaven.com/define/unconsolidated-subsidiary/.
Chicago Manual of Style (CMS):
Unconsolidated Subsidiary. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/unconsolidated-subsidiary/ (accessed: July 14, 2020).
American Psychological Association (APA):
Unconsolidated Subsidiary. PayrollHeaven.com. Retrieved July 14, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/unconsolidated-subsidiary/

Definition Sources

Definitions for Unconsolidated Subsidiary 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: 10th August, 2019 | 12 Views.