| gen. |
corporate group (A corporate group is a number of related corporations that are treated as one entity for legal, accounting, or tax purposes. The group consists of a parent corporation and multiple subsidiaries that are wholly or majority-owned by the parent. Most jurisdictions define a corporate group in the same way, but the functional result of grouping separately incorporated companies together differs depending upon the controlling law in a particular country.  wisegeek.com Alexander Demidov) |
