Holding company
09.07.2013 06:58

Holding company

1) A company which holds shares in other (subsidiary) companies (frequently all - ie wholly-owned). In goods vehicle operator licensing, a holding company may have the vehicles of its subsidiary companies specified on its 'O' licence (and vice versa) but not those of associate companies.

Source: David Lowe. The Dictionary of Transport and Logistics. Kogan Page, 2002. – P.116 (288 p.)

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