AFFILIATE Definition

Bookmark and Share

AFFILIATE is a relationship between two companies when one company owns substantial interest, but less than a majority of the voting stock of another company, or when two companies are both subsidiaries of a third company.

Learn new Accounting Terms

BROWN BOOK is industry slang for Development of the Oil and Gas Resources of the United Kingdom; an annual report.

INCREMENTAL COST is the increase or decrease in costs as a result of one more or one less unit of output.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.