Term:
Parent
Definition:
A Parent is a company which owns or operates a number of other companies, known as subsidiaries. A parent firm can be a holding company but it loses that status if it actively operates its subsidiaries.
Domain:
Finance
Source:
Glossary of Industrial Organisation Economics and Competition Law, compiled by R. S. Khemani and D. M. Shapiro, commissioned by the Directorate for Financial, Fiscal and Enterprise Affairs, OECD, 1993
