Definition of Holding company

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TeachMeFinance.com - explain Holding company



Holding company

The term 'Holding company' as it applies to the area of energy can be defined as ' A company that confines its activities to owning stock in and supervising management of other companies. The Securities and Exchange Commission, as administrator of the Public Utility Holding Company Act of 1935, defines a holding company as 'a company which directly or indirectly owns, controls or holds 10 percent or more of the outstanding voting securities of aholding company' (15 USC 79b, par. a (7))'.

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About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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