What is another word for fully-owned subsidiary?
Pronunciation: [fˈʊliˈə͡ʊnd sʌbsˈɪdjəɹɪ] (IPA) 
Fully-owned subsidiaries are businesses that are completely owned by another company. These types of subsidiaries are often created by large corporations as a way of expanding their operations and increasing their market share without having to bear the full financial risks associated with new ventures. Synonyms for fully-owned subsidiary include wholly-owned subsidiary, wholly-owned affiliate, wholly-owned unit, or wholly-owned company. These terms are often used interchangeably and refer to the same concept of a subsidiary company that is completely owned by another company. Fully-owned subsidiaries can offer a range of benefits, such as increased control over operations, easy access to capital and resources, and reduced risk through diversification.
