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What is a parent company?

What is a parent company? Here are some definitions.

Noun
  1. (law) A company that owns or controls another company.
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It also assists the parent company in publishing the official white pages directories for Mumbai and Delhi.
Having established a toehold, the parent company then looks to expand with further acquisitions.
Well, the main litmus test, and it's written into the law, is that the U.S. parent company cannot directly manage or directly own the subsidiary.
I'm sure the parent company is optimistic but this smells like the beginning of the end of Koo Koo Roo to me.
So the parent company decided last week to fill the last orders and send Reel.com to the Web boneyard.
They are continuing to play musical chairs here in the executive suite of our parent company.

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