Question

what is a holding company ?answer in
one sentence​

Answer 1

Explanation:

holding company is a parent corporation, limited liability company, or limited partnership that owns enough voting stock in another company, that it can control that company's policies and oversee its management decisions.

Although a holding company owns the assets of other companies, it merely maintains oversight capacities and therefore does not actively participate in running a business's day-to-day operations.

Answer 2

Answer:

hey mate here is your answer...

a company whose primary business is holding a controlling interest in the securities of other companies

— compare INVESTMENT COMPANY

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