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

Sources & evidence · 3

Direct term-level sources and supporting source families.