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WordNet-Online
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Definitions from the WebAssociated CompanyA term used to describe a company that has some form of connection or relationship with another company. Sense 1 - Business SenseIn a business context, an associated company refers to a company in which another company holds a significant interest, usually through partial ownership or control. Sample sentence: ABC Corp. is an associated company of XYZ Inc., with XYZ Inc. holding a 30% stake in ABC Corp. Search for books related to associated company on Amazon Sense 2 - Legal SenseFrom a legal perspective, an associated company may refer to a company within the same group or corporate structure, often sharing resources, management, or ownership. Sample sentence: According to the law, the parent company is responsible for the actions of its associated company. Search for books related to corporate law on Amazon Sense 3 - Popular UsageIn popular usage, an associated company can also refer to a company that is closely related or affiliated with another company, often due to partnerships, collaborations, or common goals. Sample sentence: The popular soft drink company has an associated company that manufactures its merchandising products. | ||||
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