Affiliate Company

International Legal Research

Information about Affiliate Company in free legal resources:

Treaties & Agreements

International Organizations

Jurisprudence $ Commentary

European Union

IP Law

Affiliate Company

Definition of Affiliate Company in International Trade

The following is a concept of Affiliate Company in the context of international trade law, from the Dictionary of International Trade (Global Negotiator): A Company that is less than 50% owned by a parent company; the parents acts as minority shareholders. More loosely, this term is sometimes used to refer to companies that are related to each other in some way. In recent years, the concept of the affiliated company has also come to be applied to businesses that are affiliated with the same industry, and choose to forge an ongoing business relation_ship and sharing of resources to the mutual benefit of both entities. See subsidiary.

Leave a Comment