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Tip of the Day Build a Nest Egg that is 25 Times the Annual Investment Income You Need

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Wholly-Owned Subsidiary

Wholly-Owned Subsidiary - Various compelling reasons, including location, financial and regulatory factors, companies allow and circumstance necessitates, this more autonomous operation and structure, subsidizing and supervising hierarchy, chain of command. Brand recognition and reputability form more reasons to consider it. Entry into a new target market or sector can be done more effectively, minimizing risks, while still diversifying, providing more stability. Total equity ownership is complete held by one, another, overseeing entity, someone/something else (another corporation), where 100% of the common stock stays with the so-called parent company. Controlled and owned by the overseeing corporate interest, the body corporate, other than their own management team. All outstanding common stock currently issued by the company remains in the hands of a single holding company. by another entity. The business (subsidiary) runs and operates under the banner and with the permission of this holding company, independently or with direct input from the overseeing and control entity.

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Definition of the Day Exchange Privilege

Exchange Privilege - An exchange privilege is a special feature, which are offered in some of the mutual funds families which allow investors to switch, or swap, from one mutual fund with a family unit to another within the same family fund unit, without paying any additional sales charges. The...

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