Meaning & use
wholly owned
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Meaning
adjectivenot comparablebusiness
Belonging completely to one owner, with no part held by anyone else, usually said of a company controlled by another firm.
Grammar: Often before a noun with a hyphen: a wholly-owned subsidiary; after a verb without it: the firm is wholly owned by its parent.
Patterns
- wholly owned by someone
- a wholly owned subsidiary of something
The airline is a wholly owned subsidiary of a larger travel group.
The bakery remains wholly owned by the founding family.
After the merger, the smaller studio became wholly owned by its rival.
Common combinations
- wholly owned subsidiary
- The brand is a wholly owned subsidiary of the parent company.
- wholly owned by
- The railway is wholly owned by the state.
- become wholly owned
- The startup became wholly owned after the buyout.
- wholly owned company
- A wholly owned company reports its profits to its parent.
- remain wholly owned
- The vineyard will remain wholly owned by the family.
Synonyms and how they differ
- fully owned
- Fully owned is a looser everyday phrase, whereas wholly owned is the standard business term.
- entirely owned
- Entirely owned stresses that nobody else holds any share, but it is less common in formal documents.
- 100% owned
- 100% owned is shorter and common in spoken business talk, but sounds less formal than wholly owned.
- privately held
- Privately held describes a company not listed on a stock exchange, but its ownership may still be split.
Opposites
Word family
Commonly confused: wholly owned or holy owned?
wholly owned vs holy owned
Holy is a religious word and is a common misspelling of wholly, which means completely.
Practice
A company that is owned completely by another company, with no outside shareholders, is described as ___.
Choose one answer.
Wholly owned means complete ownership by one owner. Minority held means someone owns less than half, so shares are divided.
Make it your own
Write a sentence using “wholly owned”, then check it and compare it with the examples above.