The company whose stock is owned by the parent company is usually called the
A) controlled company.
B) subsidiary company.
C) investee company.
D) sibling company.

Question

Quizplus · Accepted Answer

A subsidiary company is a company whose stock is owned by another company, known as the parent company. The parent company has a controlling interest in the subsidiary, usually owning a majority of the subsidiary's stock. The subsidiary is therefore controlled by the parent company, but operates as a separate legal entity.

The Company Whose Stock Is Owned by the Parent Company