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Subsidiary Company
A company that is controlled by another company, often referred to as the parent company, through ownership of more than half of its voting stock.
Joint Venture
A business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task or business activity.
Equity Method
An accounting technique used to record investments in other companies, where the investment is initially recorded at cost and subsequently adjusted for the investor's share of the investee's profits or losses.
Owns
The act of having legal possession or right to an asset or property.
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