The word "subsidiary" is spelled with the letters s-u-b-s-i-d-i-a-r-y. The IPA phonetic transcription for this word is /səbˈsɪdiəri/. "S" represents the initial consonant sound that is followed by a short "u" vowel sound. The "b" and "s" sounds are then immediately followed by the "i" and "d" sounds. The final syllable contains the "a", "r", and "y" sounds. Despite the potential for confusion with similar words like "subside" or "substitution", the spelling of "subsidiary" is straightforward and easy to remember.
A subsidiary refers to a company or organization that is controlled or owned, either partially or entirely, by another entity. It operates autonomously or semi-autonomously, and is usually formed to pursue specific business objectives or expand market presence in a particular industry or geographic region. The parent company, also known as the parent or holding company, possesses significant influence and control over the subsidiary's activities, often through ownership of a majority of its shares.
Subsidiaries can be established through various methods, such as acquiring an existing company, creating a new business entity, or through joint ventures with other organizations. They may maintain their own management structure, workforce, and operations, while still being subject to the oversight and strategic direction of the parent company.
The purpose of establishing a subsidiary is typically to leverage benefits such as tax advantages, risk diversification, increased market share, synergies, or to comply with regulatory requirements in foreign countries. Subsidiaries can also assist the parent company in expanding into new markets, developing new products, or consolidating operations in different regions.
In financial reporting, the financial statements of a subsidiary are usually consolidated with those of the parent company to provide a comprehensive view of the overall financial health and performance of the entire corporate group. Legal and operational independence may vary depending on the specific country and legal system in which the subsidiary operates.
• Assisting; furnishing help or additional supplies.
• An assistant; he or that which contributes aid.
Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.
* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.
The word "subsidiary" originated from the Latin term "subsidiarius", which is derived from the prefix "sub" meaning "under" and the verb "sidus" meaning "auxiliary" or "supporter". In Latin, the term referred to something that was situated below or subordinate to something else, particularly in a military context, where it described troops or forces that provided assistance or support to the main army. Over time, it evolved to encompass a broader meaning, referring to a subordinate or secondary entity, organization, or company that is controlled or owned by a larger or parent company.