Define: Wholly Owned Subsidiary

UK Accounting Glossary

Definition: Wholly Owned Subsidiary


Quick Summary of 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.


Full Definition of Wholly Owned Subsidiary




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. July 21, 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: July 21, 2019).
American Psychological Association (APA):
Wholly Owned Subsidiary. PayrollHeaven.com. Retrieved July 21, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/wholly-owned-subsidiary/

Definition Sources


Definitions for Wholly Owned Subsidiary are sourced/syndicated from:

  • Oxford Dictionary Of Economics
  • BusinessDictionary.com
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

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