Subsidi
In short
A subsidiary is a company that is owned or controlled by another larger company, known as the parent company.
In plain words
The parent company holds most of the shares and makes the big decisions. Even though they are linked, the subsidiary is its own legal person with its own rules and leaders.
A simple example
If a large tech giant buys a small gaming studio, the studio becomes a subsidiary. The studio keeps its own staff and office, but the tech giant owns it.
Why it matters
This structure helps big groups manage different businesses separately. It protects the parent company if one subsidiary runs into legal or financial trouble.
Easy to mix up
Do not confuse a subsidiary with a branch, which is just a local office of the same single company.