Business Pitch Dictionary by pitch.dog
Company forms & group structures · Working

Wholly owned subsidiary

Also called: WOS

ELI5

A subsidiary whose equity is entirely owned by its parent or group.

Used in conversation

“The draft mentions wholly owned subsidiary, but the scope and jurisdiction are still unclear.”

Pitch context

You will see “Wholly owned subsidiary” 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.

Sources & evidence · 3

Direct term-level sources and supporting source families.