step down subsidiary(A step down subsidiary company means the subsidiary company of a company which is subsidiary of another company. E.g. H limited is a holding company, S limited is the subsidiary company of H limited, SS limited is the subsidiary company of S limited. In this case, SS limited is the step down subsidiary of H limited, while S limited is the direct subsidiary of H limited. СержК)
cashbox structure(The structure that enables UK-listed entities to raise equity finance quickly and economically using an offshore subsidiary oshkindt)
