Define: Wholly Owned Subsidiary

UK Accounting Glossary

Definition: Wholly Owned Subsidiary



What is the dictionary definition of Wholly Owned Subsidiary?

Dictionary Definition


A Wholly Owned Subsidiary is a subsidiary undertaking that is fully (100%) owned by a holding company.

In a wholly owned subsidiary there is no minority interest.


Advertisement



Wholly Owned Subsidiary FAQ's



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
https://payrollheaven.com/define/wholly-owned-subsidiary/
Modern Language Association (MLA):
Wholly Owned Subsidiary. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. January 23, 2020 https://payrollheaven.com/define/wholly-owned-subsidiary/.
Chicago Manual of Style (CMS):
Wholly Owned Subsidiary. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/wholly-owned-subsidiary/ (accessed: January 23, 2020).
American Psychological Association (APA):
Wholly Owned Subsidiary. PayrollHeaven.com. Retrieved January 23, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/wholly-owned-subsidiary/

Definition Sources


Definitions for Wholly Owned Subsidiary 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: 29th January 2019.