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Subsidiary
A company controlled by another company, often referred to as its parent company, through ownership of more than half of its voting stock.
Initial Value Method
An accounting approach where an investment is recorded initially at cost, without adjusting for changes in market value over time.
Investment Account
A financial account that holds securities, stocks, bonds, and other investments for the benefit of an investor.
Subsidiary
A company that is completely or majority-owned by another company, referred to as the parent company.
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