Definition of Operating Subsidiary:
National banks have carried out some of their banking activities through companies known as operating subsidies. These subsidiaries are companies owned or controlled by national banks that offer lending agreements for banking products and services such as loans, mortgages and leases.
Literal Meanings of Operating Subsidiary
Meanings of Operating:
(One person) to control an operation (machine, process or system)
Sentences of Operating
The Prime Minister uses the system of distribution to govern
Surgeons operated on his jaw yesterday morning
Synonyms of Operating
perform surgery, control, employ, ply, wield, run, be in charge of, make go, work, manage, utilize, handle, intervene, use, set off, carry out an operation
Meanings of Subsidiary:
Companies controlled by parent company.
Less important, but related or complementary to something.
Sentences of Subsidiary
Many environmentalists say animal rights come under environmental protection.
Synonyms of Subsidiary
ancillary, additional, lesser, extra, attendant, supplemental, subordinate, auxiliary, subordinate company, subservient, supplementary, wholly owned company, minor, secondary, peripheral