A company that controls subsidiaries ( subsidiary) through its ownership of voting stock, as well as runs its own business. Bloomberg Financial Dictionary
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parent company UK US noun [C] (also parent) FINANCE
► a company that owns one or more other companies: »
The parent company's stock price has dropped almost by half.
»Minnwest is the parent company of five community banks.
»The subsidiary has issued shares that are guaranteed by its parent.
Financial and business terms. 2012.