Affiliate (commerce)
From Infogalactic: the planetary knowledge core
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An affiliate is a commercial entity with a relationship with a peer or a larger entity.[1]
Corporate structure
A corporation may be referred to as an affiliate of another when it is related to it but not strictly controlled by it, as with a subsidiary relationship, or when it is desired to avoid the appearance of control. This is sometimes seen with companies that need to avoid restrictive laws (or negative public opinion) on foreign ownership.
References
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