Business organizations or individuals that control each other or are controlled by a third party (i.e., a parent company). Affiliates may share such things as management staff, employees, facilities, and/or equipment.
Found on http://www.smbtn.com/smallbusinessdictionary/
Business concerns, organizations, or individuals are affiliates of each other if, directly or indirectly, (a) either one has the power to control the other, or (b) a third party controls or has the power to control both.Found on http://www.lectlaw.com/def/a103.htm
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