SUBSIDIARY Definition

Bookmark and Share

SUBSIDIARY is a company whose voting stock is more that 50% owned by another company.

Learn new Accounting Terms

OFFSOURCE, slang, is to outsource to an offshore location to primarily save on the cost of labor. See OUTSOURCE.

INPUT VAT is the VAT on a companys input supplies. See also VALUE ADDED TAX (VAT).

Suggest a Term

Enter Search Term

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