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.
DEFINITION of 'Subsidiary'. A company whose voting stock is more than 50% controlled by another company, usually referred to as the parent company or holding company. A subsidiary is a company that is partly or completely owned by another company that holds a controlling interest in the subsidiary company.f a parent company owns a foreign subsidiary, the company under which the subsidiary is incorporated must follow the laws of the country where the subsidiary operates, and the parent company still carries the foreign subsidiary's financials on its books (consolidated financial statements).