Parent company

Meaning

A parent company is a company that owns shares in one or more companies. These other companies are called subsidiaries.

Key points

• Parent company appears frequently in invoicing, payment handling, and bookkeeping workflows.
• The term improves clarity between clients, suppliers, and accounting teams.
• Consistent use supports cleaner documentation and better reporting quality.

Practical use

In Nexbal workflows, parent company is used to keep invoice and payment operations structured and auditable.