Examlex
Features common to heritage assets are that they typically:
Subsidiary Company
A company that is completely or partially owned and controlled by another company, known as the parent company.
Parent Company
A corporation that owns enough voting stock in another firm to control management and operations.
Held-to-Maturity Securities
Investment securities that a company has the intent and ability to hold until a specified maturity date.
Interest Revenue
Income earned from lending investments or depositing funds in interest-bearing accounts, often reported on the income statement.
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