Parent company


 

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Parent company

A company that controls subsidiaries through its ownership of voting stock, as well as runs its own business.



Parent company

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Company Announcements Office

Company Announcements Office

The department in the London Stock Exchange which is responsible for the Regulatory News Service (RNS). Announcements are submitted to the CAO by a company or its advisers, where they are processed and released to the market via the Exchange's data feed - the London Market Information Link (LMIL). Information vendors - newspapers and online vendors - subscribe to the LMIL and pick up the news from there.


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Company

A proprietorship, partnership, corporation, or other form of enterprise that engages in business.


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Export management company

A foreign or domestic company that acts as a sales agent and distributor for domestic exporters in international markets.


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An organization that acts as a fiduciary and administers trusts.


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A company which invests the funds of small private investors in a range of securities. This enables fund shareholders to partake in ownership of a diversified portfolio of shares. Investment companies are classified as either open end (mutual fund) or closed end (investment trust).


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