parent company
noun
1.
a corporation or other business enterprise that owns controlling interests in one or more subsidiary companies (distinguished from
holding company
).
Origin
1865-70
Examples from the web for
parent company
Requiring that foreign tax credits from dividends paid to a
parent company
be determined on a pooling basis, not individually.
That, along with losses in other investment portfolios, has cut deeply into the
parent company
's capital reserves.
British Dictionary definitions for
parent company
parent company
noun
1.
a company that owns more than half the shares of another company