Holding Company

Business / Taxes / Holding Company: By acquiring enough voting stock in another company, a holding company, also called a parent company, can exert control over the way the target company is run without actually owning it outright. The advantages of this approach, provided that the holding company owns at least 80% of the voting shares, are that it receives tax-free dividends if the subsidiary prospers and can write off some of the operating losses if the subsidiary falters. Yet it is insulated to some extent from the target company’s liabilities because of its shareholder status.

Other Words for Company

Company Noun Synonyms: companionship, society, fellowship, attendance, presence, associates, friends, companions, comrades

Public Utility Holding Company Act Of 1935

Business / Finance / Public Utility Holding Company Act Of 1935: Legislation intended to eliminate many holding company abuses by reorganizing the financial structures of holding companies in the gas and electric utility industries and regulating their debt and div MORE

Mortgage company

Business / Construction / Mortgage company : A company that borrows money from a bank, lends it to consumers to buy homes, then sells the loans to investors. MORE

Mortgage Broker-Company

Business / Real Estate / Mortgage Broker-Company: A person or firm that acts as an intermediary between borrower and lender, one who, for compensation or gain, negotiates, sells or arranges loans and sometimes continues to service the loans, also cal MORE