Define: Wholly Owned Subsidiary

UK Accounting Glossary

Definition: Wholly Owned Subsidiary


Quick Summary of Wholly Owned Subsidiary



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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.


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Full Definition of Wholly Owned Subsidiary



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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. November 12, 2019 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: November 12, 2019).
American Psychological Association (APA):
Wholly Owned Subsidiary. PayrollHeaven.com. Retrieved November 12, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/wholly-owned-subsidiary/

Definition Sources


Definitions for Wholly Owned Subsidiary are sourced/syndicated from:


This glossary post was last updated: 29th January 2019.