What is another word for subsidiary company?
Pronunciation: [sʌbsˈɪdjəɹɪ kˈʌmpəni] (IPA) 
A subsidiary company is a type of business entity that is typically owned or controlled by a larger parent company. However, there are a number of different terms that can be used to describe this type of company. Some of the most common synonyms include affiliate, branch, division, subsidiary, and subsidiary corporation. Other less common terms include satellite company, subsidiary enterprise, and subsidiary business unit. Regardless of the term used, a subsidiary company is typically created for the purpose of diversifying the parent company's business operations, expanding into new markets or regions, or creating additional sources of revenue and profits.
