Topic Areas

Affiliated company

Definition:

A company in which another company has less than a controlling share of voting stock. Affiliate companies are also subsidiaries of a third company.

Ingrid stopped to check the affiliated company status before she went to the next meeting.

Is there anything the affiliated company can do about my complaint?

The bank and affiliated company were worth $536,000,000 all together.

Does anybody know of an affiliated company that is hiring?

The affiliated company brought the compensation packages of 255 employees to the negotiating table.

Key Phrases
Fixed costs
Long-term financing
Administrative expenses
Interest rate
Withholding tax
Base rate
Act on behalf of
Affiliated company
Amortization
On receipt of the order
Liquid assets
Value at market price
Merchant bank
Accrued liability
Subject to collection
Appraisal
Stock dividend
Safety deposit box
Additional collateral
Adjustable-Rate Mortgage

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