Cucumis - Free online translation service
. .



Original text - English - A holding company is a company that owns part,...

Current statusOriginal text
This text is available in the following languages: EnglishRomanian

Category Expression - Business / Jobs

Title
A holding company is a company that owns part,...
Text to be translated
Submitted by claudiu.toncean
Source language: English

A holding company is a company that owns part, all, or a majority of other companies outstanding stock. It usually refers to a company which does not produce goods or services itself, rather its only purpose is owning shares of other companies. Holding companies allow the reduction of risk for the owners and can allow the ownership and control of a number of different companies.
1 February 2008 10:03