Definitions
American Heritage® Dictionary of the English Language, Fourth Edition
- n. A company controlling partial or complete interest in another company or other companies.
Wiktionary
- n. business A company whose main purpose is to own shares of other companies as opposed to producing goods and services.
GNU Webster's 1913
- n. (Finance) A company that controls other independently incorporated companies by ownership of most or all of their stock, but does not directly control the daily operations of those companies.
WordNet 3.0
- n. a company with controlling shares in other companies
Examples
“Navistar International Corporation is a holding company whose wholly owned subsidiaries produce International® brand commercial and military trucks, MaxxForce® brand diesel engines,”
“Navistar International Corporation is a holding company whose wholly-owned subsidiaries and affiliates produce International”
“IDB Group, the largest holding company in Israel, purchased the 30-story property from HSBC bank last year in a deal valued at $330 million.”
“Unlike the zaibatsu, there is no holding company at the top of the organization.”
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