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.
A parent company owns a subsidiary, which is a separate legal entity. The parent company typically has control over the subsidiary's operations and management decisions. Subsidiaries operate independently but are ultimately controlled by the parent company.
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-