Meaning of the word "Holding company" in English

What does "Holding company" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

Holding company

US /ˈhoʊldɪŋ ˈkʌmpəni/
UK /ˈhəʊldɪŋ ˈkʌmpəni/

Noun

a company that owns enough voting stock in another company to control its policies and management

Example:
The new acquisition will become a subsidiary of our main holding company.
Many large corporations operate through a complex structure of holding companies and subsidiaries.