subsidiary law
61merger — merg·er / mər jər/ n 1: the absorption of a lesser estate or interest into a greater one held by the same person compare confusion 2: the incorporation and superseding of one contract by another 3 a: the treatment (as by statute) of two offenses… …
62corporation — cor·po·ra·tion /ˌkȯr pə rā shən/ n [Late Latin corporatio, from Latin corporare to form into a body, from corpor corpus body]: an invisible, intangible, artificial creation of the law existing as a voluntary chartered association of individuals… …
63secondary — sec·ond·ary / se kən ˌder ē/ adj 1: of second rank, status, importance, or value 2: derived from something original or primary 3: of, relating to, or being the second order or stage in a series sec·ond·ar·i·ly /ˌse kən der ə lē/ adv se …
64guarantee — gua·ran·tee /ˌgar ən tē, ˌgär / n [probably alteration of guaranty] 1: guarantor 2: guaranty (1) 3: an assurance that a condition will be fulfilled: as …
65subsidiaries — subsidiary A company which is controlled by another company (its holding company). Under section 736 of the Companies Act 1985, whether or not one company is a subsidiary of another depends effectively on whether the other company: • Holds a… …
66short-form merger — USA short form merger; Also known as parent subsidiary merger. A merger between a parent and its substantially (but not necessarily wholly) owned subsidiary, with the parent company as the surviving corporation, that does not require approval of… …
67short form merger — USA short form merger; Also known as parent subsidiary merger. A merger between a parent and its substantially (but not necessarily wholly) owned subsidiary, with the parent company as the surviving corporation, that does not require approval of… …
68subordinate — sub·or·di·nate 1 /sə bȯrd ən ət/ adj 1: placed in or occupying a lower rank, class, or position 2: submissive to or controlled by authority sub·or·di·nate 2 /sə bȯrd ən ˌāt/ vt nat·ed, nat·ing: to assign lower priority to (as a debt or… …
69split-off — The process whereby a parent corporation organizes a subsidiary corporation to which it transfers part of its assets in exchange for all of the subsidiary s capital stock, which is subsequently transferred to the shareholders of the parent… …
70derivative — de·riv·a·tive 1 /də ri və tiv/ n: a contract or security that derives its value from that of an underlying asset (as another security) or from the value of a rate (as of interest or currency exchange) or index of asset value (as a stock index) ◇… …
