Definition
a subsidiary: a company owned by a larger company
a banking subsidiary a smaller part of a large bank
Pronunciation examples
UK: The subsidiary is controlled by the parent company.
US: Our firm has subsidiaries in Europe and Asia.
- "I'm writing to let you know in advance that I'll be attending our quarterly managers meeting in San Francisco next month, and so of course we'll have a chance to talk about how things are going here at your subsidiary in Australia."
- "However, it must be said that we are not about to cut our ties with our current suppliers to enable Delavigne and its subsidiaries to create a skin-care monopoly."
- "With the resources at his disposal, it wouldn't surprise anyone to see Wang come away with a new western subsidiary to play with."
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