- Furnishing aid; assisting; auxiliary; helping;
tributary; especially, aiding in an inferior position or capacity; as,
a subsidiary stream. - Of or pertaining to a subsidy; constituting a subsidy;
being a part of, or of the nature of, a subsidy; as, subsidiary
payments to an ally.
2 . Subsidiary
[ n.]
- One who, or that which, contributes aid or additional
supplies; an assistant; an auxiliary.
Meaning of 'subsidiary' (Princeton's WordNet)
1 . subsidiary
[ s]
Meaning (1): - functioning in a supporting capacity
Subsidiary landing In an amphibious operation, Subsidiary landing is a landing, usually made outside the designated landing area, the purpose of which is to support the main landing.
Offshore finance subsidiary Offshore finance subsidiary refers to a foreign financial subsidiary owned by a corporation in another country. Offshore finance subsidiaries are usually ...
Subsidiary Subsidiary is a company having more than half of its stock owned by another company or is completely owned by another company.
Foreign subsidiary A direct investment in a foreign country that involves setting up a separate and independent facility or office is called foreign subsidiary.
Parent company & Subsidiary (affiliated) company A company that owns more than 50% of the common stock of another entity is known as the patent company.
The entity whose stock the parent company...
Advantages of Subsidiary Ledgers Subsidiary ledgers have several advantages:
They show in a single account transactions affecting one customer or one creditor, thus providing up-to-date information on specific account balances.
Subsidiary ledger A subsidiary ledger that collects transaction data of individual creditors. Companies use subsidiary ledgers to keep track of individual balances.