What is the meaning of holding company?

holding company is a corporation or other entity that owns a majority of stock or securities of one or more other corporations, thus obtaining control of the other corporations. A savings and loan holding company is defined by the National Housing Act as "... Any company which directly or indirectly controls an insured institution or controls any other company which is a savings and loan holding company...." Control is defined as owning 25 percent or more of the voting stock.

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APABarry Goldsmith. (2010). holding company. Retrieved September 30, 2026, from http://smartdefine.org/holding_company/definitions/1155480
ChicagoBarry Goldsmith. 2010. "holding company" http://smartdefine.org/holding_company/definitions/1155480 (accessed September 30, 2026).
HarvardBarry Goldsmith 2010, holding company, Smart Define, viewed 30 September, 2026, <http://smartdefine.org/holding_company/definitions/1155480>.
MLABarry Goldsmith. "holding company" 21 October 2010. Web. 30 September 2026. <http://smartdefine.org/holding_company/definitions/1155480>
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