What is HOLDING COMPANY?

A business organization that lets a firm and directors to control other firms. Venturing outside of the core happens in certain conditions for tax benefit and loss sharing. Sometimes a majority must be owned of shares others its just 5%.

More On This Topic



Link to This Definition
Did you find this definition of HOLDING COMPANY helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary