Wholly owned subsidiary definitions

Wholly owned subsidiary

A subsidiary whose parent company owns virtually 100% of its common stock.
Found on http://www.duke.edu/~charvey/Classes/wpg/bfglosw.htm

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Wholly Owned Subsidiary

An underwriter or a broker-dealer who trades with other broker-dealers, rather than with the retail
Found on http://www.encyclo.co.uk/local/22402

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