explain following terms ( holding company)
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A holding company is a business entity—usually a corporation or limited liability company (LLC). Typically, a holding company doesn't manufacture anything, sell any products or services, or conduct any other business operations. Rather, holding companies hold the controlling stock in other companies.
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holding company is a separate parent company created to own a controlling interest in a subsidiary company or companies . a holding company doesn't necessarily trade itself . it main purpose is to form a corporate group
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