Subsidiary Ledgers

Business / Accounting / Subsidiary Ledgers: Ledgers opened in addition to a business's nominal ledger. They are used to keep sections of a business separate from each other (eg. a Sales ledger for the customers, and a Purchase ledger for the suppliers). (See Control Accounts )

Other Words for Subsidiary

Subsidiary Preposition Synonyms: ancillary (to), secondary (to), auxiliary (to), lesser (than), additional (to), supplementary or supplemental (to), complementary (to), accessory (to), subordinate (to), adjuvant (to)
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Subsidiary Ledger

Business / Accounting / Subsidiary Ledger: A grouping of individual accounts that in total equal the balance of a control account in the General Ledger. MORE

Subsidiary Ledgers

Business / Accounting / Subsidiary Ledgers: Ledgers opened in addition to a business's nominal ledger. They are used to keep sections of a business separate from each other (eg. a Sales ledger for the customers, and a Purchase ledger for the su MORE

Wholly Owned Subsidiary

Business / Finance / Wholly Owned Subsidiary: An underwriter or a broker-dealer who trades with other broker-dealers, rather than with the retail investor. MORE

International Finance Subsidiary

Business / Finance / International Finance Subsidiary: A subsidiary incorporated in the U.S., usually in Delaware, whose sole purpose once was to issue debentures overseas and invest the proceeds in foreign operations, with the interest paid to foreign bo MORE

Subsidiary Company

Business / Accounting / Subsidiary Company: A company owned or controlled by another company, known as the parent company. MORE

Limitation On Subsidiary Borrowing

Business / Finance / Limitation On Subsidiary Borrowing: A bond covenant that restricts in some way a firm's ability to borrow at the level of firm subsidiary. MORE

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