holding company

noun

Finance.

1. a company that controls other companies through stock ownership but that usually does not engage directly in their productive operations (parent company ).

holding company

noun

1. a company with controlling shareholdings in one or more other companies

holding company

1. A company that controls other companies.

Word History and Origins

Origin of holding company¹

First recorded in 1905–10

Example Sentences

His North Carolina holding company, Beast Industries, employs more than 500 people.

From Los Angeles Times

More recently, the nonprofits have converted into mutual insurance holding companies.

From Los Angeles Times

The case against him centred over allegations that he had been involved in the selection of executives on a newly-created state holding company when he was chancellor, as opposed to being merely kept informed.

From BBC

After pulling the plug on the Paramount sale, mogul Shari Redstone made it known that she would entertain offers for her family holding company, National Amusements Inc., that controls Paramount’s voting shares.

From Los Angeles Times

MrBeast’s holding company, Beast Industries, which employs more than 400 people, made $473 million in revenue last year, according to Business Insider.

From Los Angeles Times

Related Words

• conglomerate 
• consortium 
• corporation 
• gang 
• mob 
• monopoly 
• ring 
• syndicate