James City County continues to be an attractive community for new residents. The Countyâs population has grown from 48,102 people in 2000 to more than 70,000 in 2013. Source: U.S. Census, James City County. 2013 Estimate: 70,376 (provided by staff).
Difference Between an Affiliate & Subsidiary. To qualify as a subsidiary or an affiliate, a company must be publicly traded. When companies own a percentage of other companies' stock, these other companies are considered either affiliates or subsidiaries. According to Business Dictionary.com and The Free Dictionary.com, the main difference between an affiliate and a subsidiary is the percentage of the business's stock another company owns. A parent company is a company that owns enough of another companyâs stocks to enable it to control the other company.
(redirected from Wholly owned subsidiary) Also found in: Dictionary, Thesaurus, Financial, Acronyms, Wikipedia. Auxiliary; aiding or supporting in an inferior capacity or position. In the law of corporations, a corporation or company owned by another corporation that controls at least a majority of the shares. A subsidiary corporation or company is one in which another, generally larger, corporation, known as the parent corporation, owns all or at least a majority of the shares. As the owner of the subsidiary, the parent corporation may control the activities of the subsidiary.