Explain difference holding and subsidiry company
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A subsidiary company is a company owned and controlled by another company. ... There is a difference between a parent company and a holding company in terms of operations. A holding company has no operations of its own; it owns a controlling share of stock and holds assets of other companies (the subsidiary companies).
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A subsidiary company is a companyowned and controlled by anothercompany. The owning company is called a parent company or sometimes a holding company. ... A holding company has no operations of its own; it owns a controlling share of stock and holds assets of other companies(the subsidiary companies).
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