Second-tier subsidiary,
Definition of Second-tier subsidiary:
A standalone entity in an organizations hierarchy that operates in the second level of subsidiaries that are owned by an entity that operates in the first level of subsidiaries which is owned by a controlling entity that operates as the parent company.
Meaning of Second-tier subsidiary & Second-tier subsidiary Definition
Second-tier Subsidiary,
Second-tier Subsidiary:
A taxable business person who is controlled by another taxable business person who is later controlled by a third party.
Literal Meanings of Second-tier Subsidiary
Second:
Meanings of Second:
Arrange number two which comes in time after the first or second order.
Formal ratification or approval (nomination or resolution or author) as a prerequisite for accepting or continuing the debate.
One hundred and sixty minutes, defined as the SI time unit based on the natural interval of radiation from the cesium atom 133.
Sentences of Second
The Baltic seaport is second only to Copenhagen.
Synonyms of Second
ensuing, following, supporting, formally support, shift, assign, next, inferior, send, subsidiary, lower-grade, move, subservient, give one's support to, secondary, relocate, detail, attach, endorse, succeeding, approve, appoint, lower, promote
Tier:
Meanings of Tier:
Each row is arranged in a series or on top of each other.
Synonyms of Tier
bank, rank, row, layer, plane, storey, floor, line, deck, level
Subsidiary:
Sentences of Subsidiary
Secondary access from main fireplace
Synonyms of Subsidiary
supplementary, part, second-fiddle, additional, supplemental, dependency, extra, subservient, auxiliary, wing, tributary, subordinate company, lower-level, wholly owned company, adjunct, ancillary, subdivision, branch, peripheral, derivative, attachment, second-class, division, lesser, minor
