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corporation
(redirected from holding company)

    Also found in: Dictionary/thesaurus, Legal, Financial, Encyclopedia, Wikipedia 0.01 sec.
corporation
a business entity such as a company incorporated under legislation, usually a Companies Act, which can make the shareholders legally responsible only for the profits and debts of the company. That is the shareholders are not personally responsible. It has been held for generations that members of professions could not practice as corporations because they would lose their personal responsibility to their clients. It is becoming more common for this rule to be discarded.
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Under the approved integration scheme based on share allocations to the two lenders' current shareholders, the holding company will own 100 percent of the two lenders, the banks said.
Bank of Ikeda, Senshu Bank to fuse managements Oct. 1 by Japan Weekly Monitor
GAO-05-617 July 8, 2005 The Public Utility Holding Company Act of 1935 (PUHCA), which is administered by the Securities and Exchange Commission (SEC), subjects public utility holding companies to federal regulation.
Public Utility Holding Company Act: Opportunities to Strengthen SEC's ... by General Accounting Office Reports & Testimony
Financial information for these five firms is included in the all reporting bank holding company data shown in table 1, but not in the data for the fifty large bank holding companies (table 2) or in the all other reporting bank holding companies (table 3).
Report on the condition of the U.S. Banking Industry: Second Quarter, ... by Federal Reserve Bulletin
 
 
 
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