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Dictionary by pitch.dog
Company forms & group structures · Core

Parent company

Also called: parent undertaking

ELI5

A company that controls one or more subsidiary entities.

Used in conversation

“Do not describe parent company as agreed until the operative document says so.”

Pitch context

You will see “Parent company” 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.

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Sources & evidence · 3

Direct term-level sources and supporting source families.