Subsidiarize
verb
verb ·Rare ·Advanced level
Definitions
Verb
- 1 To divide a company into legally distinct, but financially related subsidiaries.
"In July 1990, Co. formed Uco Sportswear N.V., out of a previous division, a factory and a finishing plant. Restructuring Development: In 1989, Co. initiated a restructuring program to subsidiarize, accompanied by decentralisation."
Example
More examples"In July 1990, Co. formed Uco Sportswear N.V., out of a previous division, a factory and a finishing plant. Restructuring Development: In 1989, Co. initiated a restructuring program to subsidiarize, accompanied by decentralisation."
Etymology
From subsidiary + -ize.