In the UK, in a very short answer, a subsidiary undertaking would include entities other than companies. It's an accounting term essentially, used to ensure all subs of a parent company (and not just the companies) are caught in its consolidated accounts.
R656578
The difference between a subsidiary and a division is how they operate. A subsidiary is a separate business owned by the main parent company. A division is a portion of the main business.
Affiliates are non associated independent dealers. Subsidiary is a divisional company owned by the parent company
a branch is part of the same legal entity. A subsidiary is a distinct legal entity, within a larger company structure.
Subsidiary and franchise each have several different meanings. In business, a subsidiary is a company that is totally under the control of another company. A franchise is a business that is operated with legal permission to sell or distribute a particular company's goods or services.
A division is a part of a company (group, etc); a subsidiary is a separate but owned property (a different company, etc).
The difference between a holding company and a subsidiary company is the amount of stock ownership. A holding company buys other companies to control their stock. The subsidiary company is the company that is owned or controlled by the holding company.
A related company is a company who has similar or the same management or key personnel i.e. they share the same directors etc.A fellow subsidiary is a company who shares the same Shareholders as another company i.e Holding Company A owns 100% shares in company A and company B. Company A & B are then Fellow Subsidiaries.
downstream from parent to subsidiary upstream from subsidiary to parent
All these terms refer to the degree of ownership that a parent company holds in another company. In most cases, the terms affiliate and associate are used synonymously to describe a company whose parent only possesses a minority stake in the ownership of the company. A subsidiary, on the other hand, is a company whose parent is a majority shareholder. Consequently, in a wholly owned subsidiary the parent company owns 100% of the subsidiary. For example, the Walt Disney Corporation owns about a 40% stake in the History Channel, an 80% stake in ESPN and a 100% interest in the Disney Channel. In this case, the History Channel is an affiliate company, ESPN is a subsidiary and the Disney Channel is a wholly owned subsidiary company.
The MODEL will often be a Number that specifies what product of the creator it is and the MAKE is the Company or subsidiary that made it. -glad to help, Nick-
An ultimate parent company considered as a parent company of a subsidiary entity, and the subsidiary entity has its subsidiary entity.