1. companies that are owned or controlled by a larger parent company
Usage: business term; plural of subsidiary

Examples

• The multinational corporation has subsidiaries in over 30 countries.
• All subsidiaries must report their quarterly earnings to the parent company.
• The tech giant acquired several smaller subsidiaries last year.
• Local subsidiaries often adapt products to meet regional preferences.
• The company’s overseas subsidiaries contribute significantly to total revenue.
• Management decided to sell off unprofitable subsidiaries to focus on core business.