Denoting a company whose shares are all owned by another company.
More example sentences
- LWS was set up by Lancashire County Council in the 1990s as a wholly-owned company to provide a variety of waste services.
- The council is to set up a new, wholly-owned company, which all assets and liabilities will be transferred to.
- Canio was a wholly-owned subsidiary of Ardcarn Ltd.
Definition of wholly-owned in:
- The US English dictionary