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자회사 — meaning in English: Subsidiary company

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Guess the translation for subsidiary
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자회사
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동반자
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정도
jeongdo
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neutral common
Usage
Native speakers use '자회사' when discussing business structures, particularly in corporate meetings or financial reports. For instance, a business executive might refer to their '자회사' when outlining the company's portfolio of investments during a strategic planning session.
Synonyms & nuances
'자회사' specifically refers to a subsidiary, typically implying ownership. In contrast, '계열사' may refer to affiliated companies without the same ownership implication. You would choose '자회사' when emphasizing the parent-subsidiary relationship.
Culture
'자회사' derives from '자' meaning 'self' and '회사' meaning 'company,' reflecting a concept where a parent company has its own independent entities. In South Korea's rapidly growing economy, understanding the role of '자회사' is crucial, as many conglomerates, or '재벌,' operate multiple subsidiaries to diversify their business interests and manage risks effectively.
FAQ
Q.What is the meaning of 자회사 in English?
'자회사' translates to 'subsidiary company' in English, indicating a company controlled by another (the parent company) but functioning independently.
Q.How do you use 자회사 in a sentence?
You can use '자회사' in sentences like, '우리 회사는 두 개의 자회사를 운영하고 있습니다,' which means 'Our company operates two subsidiary companies.'
Q.What are common mistakes when using 자회사?
A common mistake is confusing '자회사' with '계열사.' Remember, '자회사' indicates a subsidiary with specific ownership, while '계열사' refers more broadly to affiliated companies without direct ownership.
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