Examlex
TIR stands for:
Parent Company
A company that has controlling interest in another company or companies, known as subsidiaries.
Subsidiary
A company that is controlled by another company, known as the parent company, through ownership of more than half of its voting stock.
Fixed Assets
Long-term tangible assets used in operation of a business that are unlikely to be converted into cash within a short period.
Consolidated Financial Statements
Financial statements that represent the aggregate financial position and results of operations for a parent company and its subsidiaries as a single economic entity.
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