Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
definition of a holding company?
I need the best definition of what a Holding Company is to a business
- 1 decade agoFavorite Answer
A company that controls other companies through stock ownership but that usually does not engage directly in their productive operations.
They provide the money, while the other company provides the services. It helps to limit liaiblity. If Company A owns all of the assets of a business structure, and Company B operates the business, and Company B gets sued, Company B doesn't have any assets to go after and Company A is still safe. (and most likely opens a new company to operate the business)