Company forms & group structures · Core
Affiliate
Also called: affiliated company
ELI5
An entity connected through ownership, control or another defined relationship, with scope varying by document.
Used in conversation
“The team needs one controlled copy of affiliate, with an owner and date.”
Pitch context
You will see “Affiliate” in board papers, contracts, policies, risk registers and compliance reports when the discussion reaches company forms & group structures.
Why it matters: In company forms & group structures, a loose definition can change rights, obligations, approval, disclosure or enforceability.
Caution
Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.
Connected terms
- AffiliateThe same visible label “Affiliate” names different concepts.
Sources & evidence · 3
Direct term-level sources and supporting source families.
- OECD — G20/OECD Principles of Corporate Governance 2023Direct source · institutional · checked 2026-08-16
- U.S. Securities and Exchange Commission — EDGAR and filing resourcesDirect source · primary · checked 2026-08-16
- National Institute of Standards and Technology — Computer Security Resource Center GlossarySupporting source family · primary · checked 2026-08-16