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Affiliate

The financial definition for Affiliate:

Relationship between two companies when one company owns substantial interest, but less than a majority of the voting stock of another company, or when two companies are both subsidiaries of a third company. See: Subsidiaries, parent company.




Similar Matches

Affiliated corporation

Affiliated corporation
A corporation that is an affiliate to the parent company.


Affiliated person

Affiliated person
An individual who possesses enough influence and control in a corporation as to be able to alter the actions of the corporation.




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