About Cosmetic Packaging Solutions

The English word company has its origins in the Old French military term compagnie (first recorded in 1150), meaning a “body of soldiers”,[1] which came from the Late Latin word companio (“one who eats bread with you”), first attested in the Lex Salica as a calque of the Germanic expression gahlaibo (literally, “with bread”), relGerman]] galeipo (“companion”) and Gothic gahlaiba (“messmate”). By 1303, the word referred to trade guilds. Usage of the term company to mean “business association” was first recorded in 1553,[citation needed] and the abbreviation “co.” dates from 1769.

A parent company is a company that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors; the second company being deemed as a subsidiary of the parent company. The definition of a parent company differs by jurisdiction, with the definition normally being defined by way of laws dealing with companies in that jurisdiction.