What is another word for indirectly wholly owned?
Pronunciation: [ɪnda͡ɪɹˈɛktli hˈə͡ʊli ˈə͡ʊnd] (IPA) 
Indirectly wholly owned refers to a condition where a company owns all the shares or interests in a subsidiary entity but through one or more intermediary companies. It is a legal term used to describe the relationship between a parent company and its subsidiary. Some synonyms for the term indirectly wholly owned are indirectly controlled, indirectly held, and indirectly owned. They all describe the same concept of ownership but with a different choice of words. This type of ownership structure is common in multi-level corporate structures where the parent company has a complex ownership arrangement with one or more subsidiary companies. It ensures that the parent company can maintain control over the subsidiary's operations while complying with legal and taxation requirements.
