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parent company (n)/ˌper.ənt ˈkʌm.pə.ni//ˌpeə.rənt ˈkʌm.pə.ni/a company that owns one or more other companiescông ty mẹ ![]() The parent company's stock price has dropped almost by half Minnwest is the parent company of five community banks The multinational corporation acts as a parent company, overseeing various subsidiaries around the world. The parent company acquired a smaller startup to expand its market presence in the tech industry. Each subsidiary of the parent company operates independently but follows the overarching corporate guidelines. The financial performance of the parent company directly impacts the overall success of its subsidiaries. Từ vựng khác:multinational company , net profit , media , products , pharmaceutical |