subsidiary company; controlled affiliate
Tone colorsmāmámǎmàma
Meanings
1 sense · 3 examplesnoun
subsidiary company; company with independent legal person status that is controlled by another company
Business term. A subsidiary has its own legal identity separate from the parent company, unlike a branch office (分公司).
Zhè这
jiā家
kuà跨
guó国
gōng公
sī司
zài在
Zhōng中
guó国
shè设
lì立
le了
duō多
jiā家
zǐ子
gōng公
sī司
。
This multinational corporation has established multiple subsidiaries in China.
Zǐ子
gōng公
sī司
jù具
yǒu有
dú独
lì立
de的
fǎ法
rén人
zī资
gé格
，
kě可
yǐ以
dú独
lì立
chéng承
dān担
mín民
shì事
zé责
rèn任
。
A subsidiary has independent legal person status and can bear civil liability independently.
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Yǔ与
fēn分
gōng公
sī司
bù不
tóng同
，
zǐ子
gōng公
sī司
shì是
dú独
lì立
de的
qǐ企
yè业
fǎ法
rén人
。
Unlike a branch company, a subsidiary is an independent enterprise legal person.