Affiliate (commerce)

The term affiliate is used to describe the relationship between two entities wherein one owns less than a majority stake in the other's stock. Affiliations can also describe a type of relationship in which at least two different companies are subsidiaries of a larger parent company.[1]

Corporate structure

A corporation may be referred to as an "affiliate" of another when it is related to it but not strictly controlled by it, as with a subsidiary relationship, or when it is desired to avoid the appearance of control. This is sometimes seen with companies that need to avoid restrictive laws (or negative public opinion) on foreign ownership.

gollark: Perhaps it was trained on every time I randomly said "Interesting fact: X" and those all turn out to be really important.
gollark: Why would the *bot* have been trained on me talking about random abandoned cities?
gollark: Why would I know about random abandoned cities?!
gollark: How would this work?
gollark: Well, I am heavpoot, and heavpoot wrote it...

See also

References
  1. Chen, James. "Affiliate - Business Essentials". Softzon. Dotdash. Retrieved 19 April 2020.
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