What is another word for Subsidiaries?
Pronunciation: [sʌbsˈɪdjəɹɪz] (IPA) 
Subsidiaries are essentially subordinate or affiliated companies that operate under the umbrella of a parent organization. This term is typically used when referring to businesses that have a clear hierarchy of ownership, with the parent company holding a majority stake and exercising control over the subsidiaries' operations. There are several synonyms or related terms that can be used in place of "subsidiaries," including affiliates, branches, divisions, satellite companies, subsidiaries, and sister companies. These terms may be used interchangeably depending on the context and the level of formal or informal ties between the parent and subsidiary organizations. Ultimately, the term "subsidiaries" refers to an important aspect of corporate organization and governance that plays a crucial role in managing large and complex businesses.
