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Holding company   /hˈoʊldɪŋ kˈəmpəni/   Listen
Holding company

noun
1.
A company with controlling shares in other companies.



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"Holding company" Quotes from Famous Books



... roads would be operated as one, their earnings pooled, competition between the two eliminated and a virtual consolidation effected. On the advice of the Attorney-General, Philander C. Knox, President Roosevelt directed that proceedings be instituted against the holding company—an act that seemed almost useless in view of the decision of the Supreme Court in the Knight Case. But the decision in the Northern Securities Case, handed down in 1904, was a surprise. By a vote of five to four the Court declared the company ...
— The United States Since The Civil War • Charles Ramsdell Lingley

... Northern Pacific was finished under the direction of Henry Villard, a German journalist who had been a correspondent in the Civil War and had managed the interests of foreign investors after 1873. He gained control of the partly finished Northern Pacific and the local lines of Oregon through a holding company known as the Oregon & Transcontinental. In September, 1883, he took a special train, full of distinguished visitors, over his lines to witness the driving of the last spike near Helena, Montana. On the way out, they stopped at Bismarck to help lay ...
— The New Nation • Frederic L. Paxson

... act enlarge the common-law rule as to what restraints were unlawful? How these questions have been settled. Statement of the common-law rule. Incompatibility between the law and present economic conditions. Suggestions for legal reform. The holding company device, its abuses and the possibility of abolishing it. Advantages of ...
— Our Changing Constitution • Charles Pierson

... doing something about that. A holding company; Trisystem Investments, Ltd.; you're a non-office-holding stockholder in ...
— The Cosmic Computer • Henry Beam Piper

... Corporations.—Consolidations of the kind that require vigorous treatment by the state have their special home in America. They have taken on a number of forms, but are coming more and more into the most efficient form they have ever assumed, that of the corporation. The holding company is the successor of the former trust. The method of union by which stockholders in several corporations surrendered their certificates of stock to a body of trustees and received in return for them what were called trust certificates, ...
— Essentials of Economic Theory - As Applied to Modern Problems of Industry and Public Policy • John Bates Clark



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